UNIONDALE, NY (July 28, 2008) Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $560,000 loan under the Fannie Mae DUS® 3MaxExpress® product line to refinance the 17-unit complex known as 196-200 Oak Street Apartments (top left photo) in Holyoke, MA.
The 5-year loan amortizes on a 30-year schedule and carries a note rate of 5.99 percent.
The loan was originated by Alex Kaushansky,(top right photo) Director, in Arbor’s full-service New York, NY lending office. “Arbor helped a first-time borrower purchase this property under strict time constraints,” said Kaushansky.
Arbor Commercial Funding, LLC, Arbor Commercial Mortgage, LLC, and Arbor Realty Trust, Inc., have extensive experience in mortgage origination, servicing and securitization and have built a reputation for service, quality and flexibility. Arbor’s seasoned management team specializes in debt and equity
financing for multifamily, office, retail, hotel and various other commercial real estate properties.
The 5-year loan amortizes on a 30-year schedule and carries a note rate of 5.99 percent.
The loan was originated by Alex Kaushansky,(top right photo) Director, in Arbor’s full-service New York, NY lending office. “Arbor helped a first-time borrower purchase this property under strict time constraints,” said Kaushansky.Arbor Commercial Funding, LLC, Arbor Commercial Mortgage, LLC, and Arbor Realty Trust, Inc., have extensive experience in mortgage origination, servicing and securitization and have built a reputation for service, quality and flexibility. Arbor’s seasoned management team specializes in debt and equity
financing for multifamily, office, retail, hotel and various other commercial real estate properties.The company offers a broad array of financing options including Fannie Mae DUS®, FHA, CMBS, Bridge and Mezzanine products. Currently, Arbor services approximately $3 billion in loans. Arbor is a rated Standard & Poor’s third-party commercial loan and special servicer.
Arbor also manages Arbor Realty Trust, Inc., a real estate investment trust, (REIT), formed to invest in real esta
te-related bridge and mezzanine loans, preferred equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY, and has full-service lending offices throughout the United States.
CONTACT: Ingrid Principe, (516) 506-4298, iprincipe@arbor.com
Arbor Commercial Mortgage, LLC
Arbor Realty Trust, Inc., 333 Earle Ovington Blvd, Suite 900, Uniondale, NY 11553
Arbor also manages Arbor Realty Trust, Inc., a real estate investment trust, (REIT), formed to invest in real esta
te-related bridge and mezzanine loans, preferred equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY, and has full-service lending offices throughout the United States.CONTACT: Ingrid Principe, (516) 506-4298, iprincipe@arbor.com
Arbor Commercial Mortgage, LLC
Arbor Realty Trust, Inc., 333 Earle Ovington Blvd, Suite 900, Uniondale, NY 11553
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