Sunday, July 14, 2019

Arbor Funds $9.3 Million Bridge Loan in Miami, FL


                                     
Alexander Kaushansky 

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a $9.3M bridge loan in Miami, Florida.

 Arbor provided the loan, with a 24-month term, for the acquisition of Arlington Manor Apartments, a 91-unit multifamily property.

Alexander Kaushansky of Arbor’s New York City office originated the loan.

“We were happy to provide flexible bridge terms for our borrower so he could quickly close on the property and execute on his strategic plan before exiting to long-term financing,” said Kaushansky.

Arlington Manor Apartments, Miami, FL

“This is a great example of Arbor’s ability to provide customized solutions tailored to the unique goals and needs of our clients.”

Built in 1969, Arlington Manor Apartments offer studios to three-bedroom residences with several floor plan options.

Located in the heart of North Miami, this four-story apartment complex is perfect for those seeking a suburban lifestyle close to the city.

CONTACT:

Bina Handa
Tel: 516.506.4229

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