News: Brokerage

Abergel of Arbor Commercial Mortgage originates $173.6 million in loans

Ronen Abergel, vice president of Arbor Commercial Mortgage, LLC, a national, direct commercial real estate lender, originated the following loans totaling $173.6 million: * Lynnfield Place Apartments, Memphis, TN: This 400-unit multifamily property received $20.7 million funded under the Fannie Mae DUS Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * Ashton Apartments, Knoxville, TN: This 297-unit multifamily property received $14.487 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * The Vistas Apartments, Nashville, TN: This 205-unit multifamily property received $9.248 million funded under the Fannie Mae DUS ARM 7-6 Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * Briar Club Apartments, Memphis, TN: This 272-unit multifamily property received $7.659 million funded under the Fannie Mae DUS ARM 7-6 Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * Cinnamon Trails Apartments, Memphis, TN: This 208-unit multifamily property received $7.214 million funded under the Fannie Mae DUS ARM 7-6 Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * Fawnwood Apartments, Madison, TN: This 158-unit multifamily property received $6.5 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. *Archwood Meadows Apartments, Madison, TN: This 112-unit multifamily property received $6 million funded under the Fannie Mae DUS ARM 7-6 Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * River Hill Townhomes, Louisville, TN: This 80-unit multifamily property received $4.687 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Ashland Apartments, Knoxville, TN: This 80-unit multifamily property received $3.646 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Regional Place, Grapevine, TX: This 218-unit multifamily property received $9.622 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Huntington Chase Apartments, Irving, TX: This 260-unit multifamily property received $7.876 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Cooks Creek Apartments, Farmers Branch, TX: This 255-unit multifamily property received $7.83 million acquisition loan amortizes on a 30-year schedule. * Loma Del Rey Apartments, Denton, TX: This 160-unit multifamily property received $6.23 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Pioneer Crossing Apartments, Irving, TX: This 152-unit multifamily property received $5 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Villas Del Sol, Irving, TX: This 91-unit multifamily property received $3.957 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Wedgewood Apartments, Forth Worth, TX: This 118-unit multifamily property received $3.903 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Cinnamon Tree Apartments, Forth Worth, TX: This 104-unit multifamily property received $3.177 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Pine Lake Village, Houston, TX: This 96-unit multifamily property received $2.24 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Windsong Apartments, Kansas City, MO: This 89-unit multifamily property received $2.592 million funded under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Ridgeview Village Townhomes, Lee’s Summit, MO: This 52-unit multifamily property received $1.66 million funded under the Fannie Mae Multifamily Affordable Housing Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. *Stonybrook North Apartments, Kansas City, MO: This 48-unit multifamily property received $1.27 million funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Harbour Cay Apartments, Largo, FL: This 276-unit multifamily property received $15 million funded under the Fannie Mae DUS Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. * Northwood Apartments, Jacksonville, FL: This 152-unit multifamily property received $3.38 million funded under the Fannie Mae DUS Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * Fox Ridge Manor, Raleigh, NC: This 164-unit multifamily property received $6.242 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * New Hanover Village, Wilmington, NC: This 100-unit multifamily property received $4.825 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * City View Apartments, Omaha, NE: This 221-unit multifamily property received $7.5 million funded under the Fannie Mae DUS Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule. * Timbers Townhomes, Norfolk, VA: This 104-unit multifamily property received $6.119 million funded under the FHA 223(f) Loan product line. The 22-year refinance loan amortizes on a 22-year schedule. * Multifamily property, Shawnee, KS – This 352-unit multifamily property received $14.688 million funded under the CMBS Loan product line. * Windsor Townhomes, Olathe, KS: This 80-unit multifamily property received $5.572 million funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule.
MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.