Friday, June 21, 2019

Arbor Funds $2.5 Million Fannie Mae Small Loan in San Francisco, CA


  
495 14th Avenue Apartments, San Francisco, CA


UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Fannie Mae Small Loan in San Francisco, CA.

 A nine-unit multifamily property, 495 14th Avenue received $2.5M in refinance funding through the program. The loan includes a 30-year fixed-rate term.

David Galst
David Galst of Arbor’s Beverly Hills office originated the loan.

“The client was motivated by Arbor’s ability to provide a 30-year loan term,” said Galst. “Our hands-on and straightforward approach were key to making this deal a success.”

Built in 1920, 495 14th Avenue offers its residents the perfect ‘City by the Bay’ lifestyle. 

Located in the heart of San Francisco’s Diamond District, this three-story property is a few blocks away from the Golden Gate Park and the Presidio of San Francisco. Multiple beaches, restaurants, coffee shops and shopping venues are all located nearby, giving the community a Walk Score of 94!

CONTACT:

Bina Handa
Tel: 516.506.4229

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