Arbor Funds $1.7M Freddie Mac SBL Deal in Chickasha, OK
UNIONDALE, NY (February 21, 2019) – Arbor Realty Trust, Inc. (NYSE:ABR), a leading multifamily and commercial mortgage lender, recently funded a Freddie Mac SBL deal in Chickasha, OK. Winding Creek Apartments, a 50-unit multifamily property, received $1.7M in funding through the program with a 10-year hybrid term.
Eric Regenbogen of Arbor’s New York City office originated the loan.
“The client stressed the importance of closing the deal by the end of the year for tax purposes,” Regenbogen said. “Arbor was able to execute efficiently and in an expedited manner. The deal exemplifies Arbor’s commitment to quality and service for all of our borrowers.”
Built in 1974, Winding Creek offers newly renovated, pet-friendly apartments in a peaceful country setting. Amenities include 24-hour maintenance, on-site laundry facilities and eight acres of lush rolling hills for residents to enjoy.
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.
Winding Creek Apartments – Chickasha, OK
Eric Regenbogen – Originations