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| Eric Regenbogen |
UNIONDALE, NY – Arbor
Realty Trust, Inc. (NYSE:ABR),
a leading multifamily and commercial mortgage lender, recently funded a $12M
bridge loan in College Park, GA. Arbor provided three-year financing for
the 240-unit multifamily property.
Eric Regenbogen
of Arbor’s Uniondale office originated the loan.
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| College Park, GA Apartments |
“Finding the right financial solutions for
our business partners is something we take pride in,” Regenbogen said. “This
loan allowed our client to leverage short-term financing, while ensuring a
seamless transition to long-term financing.”
Built in 1971, the three-story
apartment complex was recently renovated. It
features one-, two- and three-bedroom units with walk-in closets, carpeting and
granite kitchen countertops.
The
property has a clubhouse, swimming pool, tennis court and playground, as well
as a business center. Shopping, dining, and the MARTA bus line are nearby.
Contact:
Bina Handa
Tel:
516.506.4229
bhanda@arbor.com
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