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| Jade Apartments, Union City, NJ, is comprised of one- and two-bedroom residential units. |
UNIONDALE, NY, July 14,
2020 – Arbor Realty Trust, Inc. (NYSE:ABR)
a leading multifamily and commercial mortgage lender, recently funded a Freddie
Mac Small Business Loan in Union City, NJ. Jade Apartments received
$3.9M in acquisition financing through the program.
James Fiesel of Arbor’s New
York City office originated the loan.
“Through our partnership with
Freddie Mac, we were able to provide a seamless and successful experience for
our borrower, despite the complexities of the current environment. This allowed
our client to secure a beautiful property in conveniently located Union City,
NJ,” Fiesel said.
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| James Fiesel |
Built in 2008 and renovated in
2016, Jade Apartments is comprised of one- and two-bedroom residential units.
The midrise multifamily property features hardwood floors and ultra-modern
kitchens with stainless steel appliances and Italian marble countertops. Public
transportation, shopping, dining and entertainment are nearby.
CONTACT:
Bina Handa
Tel: 516.506.4229
Arbor Realty Trust, Inc.
333 Earle Ovington Blvd, Suite 900
Uniondale, NY 11553
800.ARBOR.10
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