Wednesday, February 27, 2019

Arbor Funds $7.4 Million Fannie Mae DUS® Loan in Thomasville, GA



James Fiesel
UNIONDALE, NY– Arbor Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae DUS® loan in Thomasville, GA, for a 152-unit multifamily property.

Abbey Lakes Apartment Homes received $7.4M in funding through the program with a 10-year fixed rate term.

James Fiesel of Arbor’s New York City office originated the loan.

Abbey Lakes Apartment Homes, Thomasville, GA
“Through our deep expertise and commitment to customized solutions, our team was able to provide leverage and interest only terms in a secondary market,” Fiesel said. “This successful deal execution is a testament to the borrower’s track record and Arbor’s strong partnership with Fannie Mae.”

Abbey Lake Apartment Homes, a pet-friendly community located minutes from the city, offer 1-, 2- and 3-bedroom floor plans. The amenities include two swimming pools, a fishing pond, spacious units with balconies and patios, two laundry facilities and 24-hour maintenance service.

Contact:

Bina Handa
Tel: 516.506.4229


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