Arbor Funds $2.1M Fannie Mae DUS® Deal in St. Louis, MO
UNIONDALE, NY (April 20, 2018) – Arbor Realty Trust, Inc. (NYSE: ABR), 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, recently funded a Fannie Mae DUS deal in St. Louis, MO.
The Regency at St. Louis, a 91-unit mixed-use property received $2,155,000 for refinance cash out under a Fannie Mae DUS Loan program. The deal provides a 12-year fixed term with a 30-year amortization schedule.
Eugene Yanovskiy of Arbor’s New York City office originated the loan. “Arbor’s customized lending options allow us to meet the unique needs of every client. Through our innovative products and expertise, we were able to secure competitive funding with an agency partner that supported the property’s mixed-use requirements,” stated Yanovskiy.
Conveniently located near St. Louis’ Central West End, this mixed-use property offers one bedroom apartment rentals and a commercial space containing an adult day care center. Amenities include free utilities, renovated lobby and common areas, and upgraded safety and security systems.
For over 20 years, Uniondale, NY-based Arbor Realty Trust, Inc. (NYSE: ABR) has been helping multifamily and commercial real estate clients achieve their financial goals by focusing on growing long-term relationships and conducting business as not simply another real estate lender, but a partner. We value our clients to such an extent that we’re more comfortable calling them partners, and their relationships with Arbor are the foundation of our business.
Founded by Chairman and CEO Ivan Kaufman, Arbor Realty Trust, Inc. is a real estate investment trust and direct lender specializing in loan origination and servicing for multifamily, seniors housing, healthcare and other diverse commercial real estate assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily Lender by volume and a Top Fannie Mae Small Loan lender, a Freddie Mac Seller/Servicer and the Top Freddie Mac Small Balance Loan Lender, a Fannie Mae and Freddie Mac Seniors Housing Lender, an FHA Multifamily Accelerated Processing (MAP)/LEAN Lender, a HUD-approved LIHTC Lender as well as a CMBS, Bridge, Mezzanine and Preferred Equity lender, consistently building on its reputation for service, quality and flexibility. With a multibillion-dollar servicing portfolio, Arbor is a primary commercial loan servicer and special servicer rated by Standard & Poor’s with an Above Average rating. Arbor is also on the Standard & Poor’s Select Servicer List and is a primary commercial loan servicer and loan level special servicer rated by Fitch Ratings.