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| Cavalla Apartment Homes, Sumner, WA |
UNIONDALE, NY– Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial
mortgage lender, recently funded a Freddie Mac SBL deal in Sumner, WA.
Cavalla Apartment Homes, a 72-unit multifamily property,
received $7.5M in funding through the Freddie Mac SBL program. The refinance
deal features a 10-year hybrid term.
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| Jonathan Chaim |
Jonathan Chaim, of Arbor’s New York City office, originated the
loan.
“This deal reflects the
innovative solutions Arbor is able to customize for its clients,”
said Chaim. “We were proud to execute this high quality loan in the Seattle–Tacoma–Bellevue,
WA Metropolitan Statistical Area, one of the most populated regions in the
country and a top Freddie Mac market.”
Built in 2005, Cavalla Apartment Homes offer beautiful two-story residences with gourmet kitchens, washer/dryer units, personal garages, tiled fireplaces, private balconies and a shared gazebo.
Built in 2005, Cavalla Apartment Homes offer beautiful two-story residences with gourmet kitchens, washer/dryer units, personal garages, tiled fireplaces, private balconies and a shared gazebo.
CONTACTS:
Bina Handa
Tel: 516.506.4229
