News: Financial Digest
Posted: November 11, 2016
Arbor Realty Trust funds $120 million in Freddie Mac multifamily loans across U.S.
Ronen Abergel, ArborBoston, MA Arbor Realty Trust, Inc., a real estate investment trust and national direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets, has funded 28 loans totaling $120.844 million across New Hampshire, Kansas, Florida, California and other states under the Freddie Mac Conventional Multifamily Loan and Freddie Mac Multifamily Small Balance Loan products.
Ronen Abergel, vice president in Arbor’s New York office, originated the loans.
Included in those loans are the following in New Hampshire:
• Burns Hills Apartments, Hudson, NH – This 56-unit multifamily property received $2.8 million funded under the Freddie Mac Multifamily Small Balance Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.
Heon Court - Nashua, NH• Heon Court, Nashua, NH – This 24-unit multifamily property received $1.3 million funded under the Freddie Mac Multifamily Small Balance Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.
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