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| Austin Walker |
UNIONDALE, NY – Arbor Realty Trust, Inc. (NYSE:ABR)
a leading multifamily and commercial mortgage lender, recently financed seven
Fannie Mae Small Loans in KS, FL and UT.
The properties, comprised of 240 units, received $11.2M in
funding through the Fannie Mae Small Loan program.
Austin Walker of Arbor’s
New York City office originated the loans.
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| Carter Apartments in Wichita, KS |
“These transactions highlight
the value of our long and trusted partnership with Fannie Mae,” Walker said. “Together,
we take pride in providing our clients with customized financial solutions that
align with their short- and long-term needs.”
Towers Apartments in
Wichita, KS, received $1.8M in refinancing. Built in 1981, the
multifamily garden-style property was renovated in 2018. The complex is
pet-friendly and features 70 one-bedroom units. Retail shopping is nearby.
Carter Apartments in
Wichita, KS, received $1.8M in refinancing. The pet-friendly property was
built in 1973 and features studio and one-bedroom floor plans, a playground and
basketball court. The complex is a short distance from Friends University,
local parks and shopping.
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| 124 Live Oak in Daytona Beach, FL, |
Bradford Apartments in Wichita, KS, received $894,000 in refinancing. Built in 1988, the 18-unit property is conveniently located near parks and shopping. McConnell Airforce Base is less than four miles away.
Lakewood Apartments in
Lakeland, FL, received $1.1M in acquisition funding. The 24-unit complex
includes one- and two-bedroom floorplans. It is a short driving distance from
Hollis Gardens.
Patio Homes in Lakeland,
FL, received $3.1M in acquisition funding. Built in 1982, the property
features studio, one-, two-, three- and four-bedroom units. Retail shopping is
nearby.
124 Live Oak in Daytona
Beach, FL, received $974,000 in refinancing. The 19-unit garden-style
property is in the heart of Daytona Beach. It is in close proximity to retail
shopping and the Museum of Arts and Sciences.
Sandbox Apartments in Salt
Lake City, UT, received $1.6M in refinancing. The 22-unit complex was built
in 1960 and is conveniently located with Salt Lake Central Station, parks and
shopping nearby.
Contact:
Bina Handa
Tel: 516.506.4229
