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| 4309 West Adams Boulevard, Los Angeles, CA |
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 Freddie Mac SBL
deal in Los Angeles, CA.
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| Eugene Yanovskiy |
4309 W. Adams Blvd., a 12-unit multifamily property,
received $2.4M in funding through the Freddie Mac SBL program. The deal comes
with a five-year hybrid term and a one-year interest only period.
Eugene Yanovskiy of Arbor’s New York City office
originated the loan.
“The five-year hybrid solution allowed us to get aggressive
terms for the borrower in a very competitive Los Angeles lending environment,”
said Yanovskiy. “And thanks to the recent gut-rehabilitation, renters will be
incentivized by a stylish, up-to-date property in a great market.”
Built in 1954, 4309 W. Adams Blvd. was recently renovated to
feature modern exteriors and spacious units with hardwood floors and a full
range of appliances. The property also includes gated entry, on-site parking
and laundry facilities, and is conveniently located in Central Los Angeles.
CONTACT:
Bina Handa
Tel: 516.506.4229
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