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| Eric Regenbogen
UNIONDALE, NY, Aug, 27, 2019 – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently financed two Fannie Mae Small Loans providing $8.3M in acquisition funding.
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| Located in the Roxborough area of Philadelphia, 6161 Ridge Avenue is a 27-unit, four-story complex |
6161 Ridge Ave. in
Philadelphia, PA, a 27-unit, four-story complex, received $5.4M, while 28 West
Apartments in Milwaukee, WI, an 89-unit, three-story property, received $2.9M.
Eric Regenbogen of
Arbor’s Uniondale office originated the loans.
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| 28 West Apartments in Milwaukee, WI is an 89-unit, three-story property. |
“This is a perfect example of
how acquisitions in two
different markets benefitted from customized Fannie Mae executions,” said
Regenbogen. “And, it clearly demonstrates Arbor’s superior expertise and deep
relationships with the lending agencies.”
Located in the Roxborough
area of Philadelphia, 6161 Ridge Ave. delivers amenities ranging from
stainless steel appliances to on-site parking options. It’s also a quick walk
or drive to local shopping centers, colleges, mass transit and recreation.
28 West Apartments is
conveniently located near downtown Milwaukee with easy highway access.
The residences feature new kitchen cabinets, countertops and
appliances; spacious closets; wall-to-wall carpeting and window coverings;
on-site laundry facilities; and 24-hour emergency maintenance.
Contact:
Bina Handa
Tel: 516.506.4229
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