UNIONDALE, NY– Arbor
Realty Trust, Inc. (NYSE:ABR) a leading
multifamily and commercial mortgage lender, recently funded a Freddie Mac SBL
deal in Carson, CA. Sky South Bay, a 13-unit multifamily property, received
$2.8M in funding through the program with a five-year hybrid term.
Eugene Yanovskiy of Arbor’s
New York City office originated the loan.
Sky South Bay Apartments, Carson, CA |
“This Freddie Mac SBL execution allowed the borrowers to remove their
expensive construction debt on their recently stabilized asset with a great
permanent loan,” said Yanovskiy. “The newly built, luxury boutique property is
in a prime location and offers residents a relaxed and chic lifestyle in the
South Bay region.”
Built in 2018, Sky South Bay
offers Studio+, 1BR and 2BR residences with private patios or rooftop
decks. Interior amenities include
designer kitchens featuring quartz countertops and stainless steel appliances;
central heating and air conditioning; in-unit washers and dryers; and secure
on-site parking.
The property is within an easy commute to downtown Los
Angeles, UCLA Medical Centerand LAX.
Contact:
Bina Handa
Tel: 516.506.4229
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