UNIONDALE, NY– Arbor Realty Trust,
Inc. (NYSE:ABR), a leading multifamily and commercial
mortgage lender, closed 18 deals totaling $177.8M in the Southeastern U.S.
Alexander Kaushansky of Arbor’s New York
City office originated the loans.
“Providing our clients certainty of execution while tailoring
optimum terms is what we do best at Arbor,” Kaushansky said. “We take pride in
our ability to service our clients’ needs on diverse loans utilizing different
products.”
Crestview Manor Apartments in Paris, TN,
received $10.5M in refinancing through the Fannie Mae Multifamily Affordable
Housing program in the second quarter of 2020. The pet-friendly community
consists of 52-units with one-, two- and three-bedroom floorplans.
Concord View Townhomes in Concord, NC,
received $10.5M in refinancing through the Freddie Mac Conventional program in
the second quarter of 2020. The complex offers one, two- and three-bedroom
units with granite countertops and stainless steel appliances. It also features
basketball and tennis courts, a business center and clubhouse.
The following three properties located in the Carolinas were
refinanced through the Fannie Mae DUS® program:
Villas at Garden Way in Rock Hill, SC, received $6.8M in the third quarter of 2020.The 96-unit complex offers studio, one-, two- and three-bedroom floorplans, and is within walking distance to historic downtown Rock Hill. Winthrop University and Piedmont Hospital are just minutes away.
Crown Point at Sunset in Salisbury, NC,
received $8.3M in the third quarter of 2020. Built in 2002, the 108-unit
property features granite countertops, stainless steel appliances and hardwood
floors. The community also has a fitness center, pool, playground and game
room.
Crown Point Townhomes in Charlotte, NC,
received $20M in the second quarter of 2020. The newly renovated community
includes two-bedroom units that boast large living spaces, walk-in closets and
private patios. Shopping, dining and entertainment are nearby.
Four additional properties in South Carolina received refinancing
through the Fannie Mae Small Loan program in the third quarter of 2019:
Country Club Apartments in Rock Hill
received $5.4M. The beautiful garden-style multifamily property offers two- and
three-bedroom townhomes with modern kitchens and large bedrooms. It features a
playground, basketball area and pool, and is located 30 minutes from Uptown
Charlotte.
Fort Mill I - Bollin Circle in Fort Mill
received $4.4M. The townhome community has one- and two-bedroom units with
hardwood floors and features a fitness center, fire pit, playground and picnic
area.
Fort Mill II - Drane Circle in Fort Mill
received $3.6M. The property includes one- and two-bedroom floor plans and outside
living space. It is conveniently located with shopping, dining and
entertainment nearby.
Fort Mill III -
Banks Road in Fort Mill received $3.2M. The pet-friendly complex
offers one- and two-bedroom garden-style townhomes with hardwood floors and central
air conditioning.
Bridge acquisition funding was secured for the following nine
additional properties:
Crown Point Townhomes in Charlotte, NC |
Capital Square Apartments in Savannah, GA,
received $15.8M during the first quarter of 2020. The complex is made up of
spacious one-, two- and three-bedroom apartments with patio and balcony
options, and central air conditioning. Quaint local shops, market and boutiques
are nearby.
Edge Townhomes in Charlotte, NC,
received $3.6M in the fourth quarter of 2019. The two-bedroom community features
a dog park, fitness, center and swimming pool. It is conveniently located
halfway between Downtown Charlotte and the University of North Carolina at
Charlotte.
The Edge at Noda in Charlotte, NC,
received $17.5M in the fourth quarter of 2019. The 208-unit property includes
one- and two-bedroom upscale floorplans with views of the skyline. It offers a
dog park, fitness center, pool and courtyard for residents.
Sage Point Apartments and Townhomes in Charlotte, NC,
received $9.6M in the fourth quarter of 2019. The 144-unit community consists
of one- and two-bedrooms with hardwood floors and granite kitchen countertops.
Shopping and the city bus line are nearby.
Doral Apartments in Charlotte, NC,
received $11M in the fourth quarter of 2019. The newly updated property
features one-, two- and three-bedroom options with a 24-hour fitness center,
outdoor pavilion, fenced dog park and pool. It is just five minutes to Central
Piedmont Community College.
Tryon Forest Apartments in Charlotte, NC,
received $10.8M in the fourth quarter of 2019. The 169-unit complex is made up
of one-, two-, and three-bedroom apartments with spacious floor plans. Local
shopping is nearby.
Bradford Commons in Charlotte, NC,
received $5.6M in the fourth quarter of 2019. The garden-style property offers
one- and two-bedroom units with spacious living rooms, walk-in closets, a
community pool and pet park. Evergreen Nature preserve is a short driving
distance away.
Ponderosa Apartments in Charlotte, NC,
received $5.7M in the fourth quarter of 2019. The property features one- and
two-bedroom units with walk-in closets and a new breakfast/coffee bar. Local
shopping is within walking distance.
Forestbrook and Sunset Village in Charlotte, NC,
received $25.5M in the third quarter of 2019. These two properties offer a
total of 360-units comprised one-,two-, and three-bedrooms and is pet-friendly.
Downtown Charlotte is just minutes away.
Contact:
Bina Handa
Tel: 516.506.4229
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