Arbor Funds $1.6 million Fannie Mae Small Loan in Hutchinson, KS

Eugene Yanovsky

UNIONDALE, NY  – Arbor Realty Trust, Inc. (NYSE:ABR), a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare, and other diverse commercial real estate assets, recently funded a Fannie Mae DUS® Small Loan in Hutchinson, KS.

Sandhill Properties, Hutchinson, KS

Sandhill Properties, a 48-unit, garden-style multifamily property, received $1.6M in acquisition funding through the Fannie Mae Small Loan program. 

The loan provides a 12-year fixed rate term and a 30-year amortization schedule.

Eugene Yanovskiy of Arbor’s New York City office originated the loan. “The aggressive Fannie Mae Small Loan program allowed us to get the borrower the best 12-year quote available,” said Yanovskiy.

Munzir Khan

 “And with the support of exceptional talent and teamwork at Arbor, including Underwriter Munzir Khan, we were able to execute a quick close necessary due to the timing constraint of the acquisition.”

Sandhill Properties provides beautiful, spacious units conveniently located in a quiet, peaceful community. Amenities afforded to tenants include a swimming pool, basketball court, and carports.

CONTACTS:

Arbor Realty Trust, Inc.

333 Earle Ovington Blvd, Suite 900

Uniondale, NY 11553

800.ARBOR.10

arbor.com

Bina Handa

Tel: 516.506.4229

bhanda@arbor.com