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| 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.
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| 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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