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| Sam Schwass |
UNIONDALE,
NY (Feb. 28, 2019) – Arbor Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial mortgage lender,
recently funded a Fannie Mae portfolio in Dublin, GA.
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| Claxton Point North Apartments Dublin, GA |
Claxton Pointe North Apartments, a 148-unit multifamily
property, received $3.6M in funding through the Fannie Mae DUS® loan program.
Pecan Ridge Apartments, a 51-unit multifamily property, received $1.1M in funding
through the Fannie Mae Small Loan program.
Sam
Schwass of Arbor’s New York City office
originated the loans.
“With
this portfolio we were able to combine a Fannie Mae Standard DUS loan with a
Fannie Mae Small Loan for our client, for two properties well situated in the
Dublin area,” Schwass said.
“The portfolio is a perfect example of Arbor’s ability to design
customized financial solutions utilizing diverse products and terms for our sponsors,
while still offering the same great service.”
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| Pecan Ridge Apartments Dublin, GA |
Built
in 1992, Claxton Pointe North Apartments are conveniently located near downtown
Dublin. The
smoke-free community offers on-site parking, laundry facilities and high-speed
internet access.
Pecan
Ridge Apartments, nestled in a quiet community just north of downtown Dublin,
were built in 1980 and feature fully equipped kitchens, on-site parking and
high-speed internet access.
CONTACT:
Bina Handa
Tel: 516.506.4229
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