Thursday, April 25, 2019

Arbor Funds $3.2 Million Fannie Mae Small Loan in Sun Prairie, WI

Geoffrey Platt
UNIONDALE, NY (April 25, 2019) – Arbor Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae Small Loan in Sun Prairie, WI. 

Stonewood Crossing, a 24-unit multifamily property, received $3.2M in refinance funding through the program.

The loan includes a 30 year fixed-rate term and amortization schedule with one year of interest only.

Geoffrey Platt of Arbor’s New York City office originated the loan.

Stonewood Crossing Apartments, Sun Prairie, WI
“With some education and guidance, Arbor was able to help first-time agency clients navigate the loan process with ease,” said Pratt. “The sponsors were able to lock in long-term debt, which aligned nicely with their financial strategy. Arbor looks forward to helping these sponsors grow their portfolio.”

Built in 2018, Stonewood Crossing provides in-unit features including air conditioning, stainless steel appliances, quartz countertops, washer/dryer systems, fireplaces and balcony/patio options.

Community amenities include covered parking, emergency maintenance and access to a nearby trail for jogging, hiking and cycling.


 Bina Handa
Tel: 516.506.4229

HFF announces refinancing for dual-branded downtown Austin, TX hotel

                 Aloft and Element Austin Downtown Hotels, Austin, TX

CHICAGO, IL –– Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged a refinancing of the Aloft and Element Austin Downtown.

 HFF worked on behalf of the borrower, White Lodging, to place the 10-year, fixed-rate loan with PGIM Real Estate Finance.  Loan proceeds will be used to retire the existing construction loan, repatriate a portion of sponsor equity and cover closing costs.

Nicole Aguiar
 The dual-branded development opened in July 2017 as the first dual-branded hotel in Austin and includes the LEED-certified 278-room Aloft Austin Downtown and 144-suite Element Austin Downtown along with two restaurants and bars.

Danny Kaufman
 The development is one block from the confluence of the world-renowned Sixth Street Entertainment District and Congress Avenue, which provides live music venues, restaurants and retail within walking distance.

  Additionally, the hotel is proximate to the Second Street District, Austin Convention Center, University of Texas at Austin and the Texas State Capitol Building. 

 The HFF debt placement team representing the borrower consisted of senior managing director Danny Kaufman, managing director Christopher Carroll, senior director Jeff Bucaro and director Nicole Aguiar along with senior managing director Doug Opalka. 

Christopher Carroll
 About White Lodging

White Lodging, established in 1985, is one of the leading ownership, development, and management companies in America. 

 An innovative trendsetter, the organization’s portfolio includes convention, urban lifestyle and suburban select hotels with more than $1 billion in managed revenue.  

White Lodging operates more than 90-premium hotels, 30 restaurants and 30 brands in 20 states.  

Doug Opalka

Success knows no boundaries at White Lodging, where associates and leadership have consistently earned superior guest satisfaction scores, top market share and industry-leading profit margins while recruiting the best, brightest and most passionate professionals in every discipline for three decades.  

White Lodging is a proud winner of the Gallup Great Workplace Award.  

For more information about White Lodging, visit, or connect on Facebook, Twitter, LinkedIn and Instagram.

 About PGIM Real Estate Finance

PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU), is one of the largest real estate investment managers in the world, with more than $168.4 billion in gross real estate assets under management and administration, as of Dec. 31, 2018.  

Jeff Bucaro

Through its PGIM Real Estate Finance and PGIM Real Estate businesses, PGIM leverages a 140-year history of real estate lending on behalf of institutional and middle-market borrowers, a 49-year legacy of investing in commercial real estate on behalf of institutional investors and the deep local knowledge and expertise of professionals in 31 cities around the world.


PGIM Real Estate Finance, the commercial mortgage business of PGIM, is an international full-service, commercial and multifamily mortgage finance business.  

Offering one of the most comprehensive lines of real estate finance products in the world, PGIM Real Estate Finance originates loans for Fannie Mae DUS®, Freddie Mac and specialized affordable housing programs; FHA; Prudential’s general account; and other institutional investors.

  For more information, please visit




HFF Senior Managing Director

(312) 528-3650



HFF Managing Director

(312) 528-3650



HFF Senior Director

(312) 528-3650



HFF Director

(312) 528-3650



HFF Senior Managing Director

(512) 532-1900



HFF Digital Content/Public Relations Specialist

(713) 852-3420