UNIONDALE, NY, May 21, 2020 – Arbor
Realty Trust, Inc. (NYSE:ABR) a leading multifamily and commercial
mortgage lender, recently funded a Fannie Mae DUS® loan in Houston, TX. The
Casa Verde Apartments received $28M in refinance funding through the program.
Brian Scharf of Arbor’s Uniondale
office originated the loan.
“This transaction highlights our ongoing
ability to provide liquidity to our borrowers in the current environment,”
Scharf said. “At Arbor, we take pride in finding customized financial solutions
that result in successful outcomes for our clients.”
Brian Scharf |
Casa Verde Apartments were built in 1973
and renovated in 2010. The 384-unit complex includes one-, two-, three- and
four-bedroom floor plans with central air conditioning, walk-in closets and
hardwood flooring.
The
gated property features a clubhouse, swimming pool and playground.
Shopping, dining and entertainment are nearby.
Contact:
Bina Handa
Tel: 516.506.4229
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