Arbor Realty Trust : Funds $7.5M Freddie Mac SBL Refinance Deal in Sumner, WA
January 25, 2019 at 12:39 pm EST
Share
UNIONDALE, NY (January 25, 2019) - Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Freddie Mac SBL deal in Sumner, WA. Cavalla Apartment Homes, a 72-unit multifamily property, received $7.5M in funding through the Freddie Mac SBL program. The refinance deal features a 10-year hybrid term.
Jonathan Chaim, of Arbor's New York City office, originated the loan.
'This deal reflects the innovative solutions Arbor is able to customize for its clients,' said Chaim. 'We were proud to execute this high quality loan in the Seattle-Tacoma-Bellevue, WA Metropolitan Statistical Area, one of the most populated regions in the country and a top Freddie Mac market.'
Built in 2005, Cavalla Apartment Homes offer beautiful two-story residences with gourmet kitchens, washer/dryer units, personal garages, tiled fireplaces, private balconies and a shared gazebo.
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, seniors housing, healthcare and other diverse commercial real estate assets. Headquartered in Uniondale, New York, Arbor manages a multibillion-dollar servicing portfolio, specializing in Fannie Mae, Freddie Mac and other government-sponsored enterprises, as well as CMBS, bridge, mezzanine and preferred equity lending. Rated by Standard and Poor's and Fitch Ratings, Arbor is committed to building on its reputation for service, quality and flexibility, and dedicated to providing our clients excellence over the entire life of a loan.
Cavalla Apartment Homes - Sumner, WA
Jonathan Chaim - Originations
Attachments
Original document
Permalink
Disclaimer
Arbor Realty Trust Inc. published this content on 25 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2019 17:38:09 UTC
Arbor Realty Trust, Inc. is a real estate investment trust. The Companyâs segments include Structured Business and Agency Business. Through its Structured Business, it invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental (SFR) and commercial real estate markets, primarily consisting of bridge loans, in addition to mezzanine loans, junior participating interests in first mortgages and preferred and direct equity. It also invests in real estate-related joint ventures and may directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. Through its Agency Business, the Company originates, sells, and services a range of multifamily finance products through Fannie Mae and Freddie Mac, Ginnie Mae, Federal Housing Authority (FHA), and Housing and Urban Development (HUD). It originates, sells, and services a range of multifamily finance products.
ARBOR REALTY TRUST, INC. 
