Arbor Funds $25M Fannie Mae DUS® Loan in Trenton, NJ
UNIONDALE, NY (August 10, 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® Loan in Trenton, NJ.
The Village at Lambert Green, a 169-unit multifamily property, received $25M in refinance funding under the Fannie Mae DUS program. The deal provides a 5-year I/O, with a 12-year fixed rate term. Ronen Abergel of Arbor’s Uniondale office originated the loan.
Built in 2017, The Village at Lambert Green is located in Trenton, New Jersey, and is close to great shopping, fine restaurants, and popular night spots. The property offers modern amenities including chef-quality style kitchens, 24-hour emergency maintenance, a clubhouse, and fitness center.
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.
The Village at Lambert Green – Trenton, NJ
Ronen Abergel – Originator