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| Jonathan Chaim |
UNIONDALE, NY, June 3, 2020 – Arbor
Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial
mortgage lender, recently funded Freddie Mac Small Balance loans in Miami, FL.
The three properties, totaling 55 units, received $6.3M in financing.
Jonathan Chaim of Arbor’s New York
City office originated the loans.
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| Morningside Apartments, Miami, FL |
“We take pride in getting to the heart of
our clients’ needs and helping them achieve their short- and long-term goals,”
Chaim said.
“These transactions demonstrate Arbor’s ability to build ongoing
and successful financial partnerships with our sponsors.”
Bayshore Apartments,
located one
block from Biscayne Bay and a short distance to Miami Shores,
received $2.7M in acquisition financing. The 24-unit
multifamily property is made up of one- and two-bedroom floorplans.
Morningside Apartments,
an 11-unit garden-style complex, received $1.2M in refinancing. The property is
within walking distance of retail shopping and public transportation is nearby.
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| 63rd Street Apartments, Miami, FL |
Renovated in 2018, the 20-unit garden-style
property features one- and two-bedroom units.
The complex is within a short
driving distance to Miami International University of Art and Design and Miami
Dade College.
About Us
Arbor Realty
Trust, Inc. (NYSE:ABR)
is a nationwide real estate investment trust and direct lender, providing loan
origination and servicing for multifamily, single-family rental (SFR)
portfolios, seniors housing, healthcare and other diverse commercial real
estate assets.
Headquartered
in Uniondale, New York, Arbor manages a multibillion-dollar servicing
portfolio, specializing in government-sponsored enterprise products.
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| Bayshore Apartments, Miami, FL |
Arbor
is a Fannie Mae
DUS® lender and Freddie MacOptigo Seller/Servicer.
Arbor’s product platform alsoincludes CMBS, bridge, mezzanine and preferred equity loans.
Arbor’s product platform alsoincludes CMBS, bridge, mezzanine and preferred equity loans.
Rated by
Standard and Poor’s and Fitch Ratings, Arbor is committed to building on its
reputation for service, quality and customized solutions with an unparalleled
dedication to providing our clients excellence over the entire life of a loan.
Contact:
Bina
Handa
Tel: 516.506.4229
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