Saturday, December 14, 2019

Arbor Funds $7.8 Million Fannie Mae DUS® Loan in Greensboro, NC


 Eugene Yanovskiy 

UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a $7.8M Fannie Mae DUS® loan in Greensboro, NC. Arbor provided the financing for Chapel Walk, a 128-unit multifamily property.

 Eugene Yanovskiy of Arbor’s New York City office originated the loan.

Chapel Walk Apartments, Greensboro, NC
 “This acquisition loan is a perfect illustration of how Arbor is using its strong, long time partnership with Fannie Mae to offer clients a wide array of financing alternatives, in this case executing a Fannie Mae DUS® loan to meet our clients’ concerns and needs,” said Yanovskiy.

 Built in 2001, Chapel Walk is a two-story, garden style apartment complex in a quiet community. Unique features of this property include a gourmet coffee and tea bar for residents, open floor plans, high-speed internet access and a pet park. It’s also just a five-minute walk to downtown.

Contact:

 Bina Handa
Tel: 516.506.4229
bhanda@arbor.com

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