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| Geoffrey Platt |
UNIONDALE, NY (Nov.26, 2019) – Arbor
Realty Trust, Inc. (NYSE:ABR), a leading
multifamily and commercial mortgage lender, recently
funded Fannie Mae DUS® Green Rewards loans in Jacksonville, FL and Killeen, TX.
The properties received 21.4M in
financing through the program and have 10-year fixed rates with two years of interest
only payments.
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| Midtown Oaks, Jacksonville, FL |
Geoffrey
Platt of Arbor’s New York City office
originated the loans.
“Through these loans, our clients
were able to take advantage of the low interest rate environment made available
through Fannie Mae’s green financing,” Platt said. “Arbor takes pride in partnering with our borrowers so they can achieve
their current and future goals.”
Midtown
Oaks is located in Jacksonville, FL.
Built in 1974, the 176-unit property features newly renovated kitchens,
hardwood floors, walk-in closets and air conditioning.
 |
| Country Place Apartments, Killeen, TX |
This luxurious, gated community
has a fitness center, spa, pool and playground for residents to enjoy. It is
conveniently located near shopping and recreation.
The Country
Place Apartments, located in Killeen, TX, were built in 1996. The
two-story, 137-unit property features air conditioning and walk-in closets.
It also offers a 24-hour fitness
center, swimming pool, basketball court, pet park, and playground. The gated
community is just minutes from dining, retail and entertainment, as well as
Fort Hood.
CONTACT:
Bina
Handa
Tel:
516.506.4229
bhanda@arbor.com
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