 |
| Joseph Charneski |
UNIONDALE, NY– Arbor
Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial
mortgage lender, recently funded a Fannie Mae DUS® Streamlined Rate Lock loan
in Cedar Falls, IA. The 180-unit property received $10.4M in financing.
Joseph Charneski of Arbor’s New
York City office originated the deal.
 |
| Thunder Ridge Apartments, Cedar Falls, IA |
“This was a great transaction,” Charneski
said. “We were able to close this refinance loan with full-term interest only
payments and a historically low interest rate during these unprecedented times.”
Built in 1975, Thunder Ridge is made up of
one- and two-bedroom apartments. The pet-friendly complex features a basketball
court, putting green, tranquility pond and 24-hour fitness center.
It is conveniently located within walking
distance of retail stores and restaurants.
Contact:
Bina Handa
Tel: 516.506.4229
No comments:
Post a Comment