News: Brokerage

Abergel of Arbor Commercial originates 16 loans totaling $60.862 million

Arbor Commercial Funding, LLC has funded 16 loans totaling $60.862 million. The loans were originated by Ronen Abergel, VP in Arbor's N.Y. office. These loans include: * Prairie Apartments, Lansing, IL: $6.92 million for the 144-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * Stanford Oaks Apartments, Tucker, GA: $6 million for the 202-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * Longhorn Cove Apartments, Denton, TX: $5.918 million for the 66-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Keswick Apartments, Greenville, NC: $5.59 million for the 180-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Oakwood Apartments, Newton, NC: $4.4 million for the 140-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Sharon Oaks Apartments, Charlotte, NC: $3.55 million for the 98-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * The Meadows Apartments, Sparks, NV: $4.3 million for the 110-unit multifamily property. The 12-year refinance loan amortizes on a 30-year schedule. * Maple Estates, Lee's Summit, MO: The 185-unit multifamily property received $3.9 million. The 10-year refinance loan amortizes on a 30-year schedule. * Plaza Place Apartments, North Augusta, SC: $3.538 million for the 120-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Arbor Sq. Apartments, Shawnee, KS: $5.9 million for the 195-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Lillian Sq. Apartments, Pensacola, FL: $1.65 million for the 99-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * 9th Ave. Apartments, Pensacola, FL: $1.445 million for the 66-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * Townview Apartments, Zephyrhills, FL: $1.76 million for the 46-unit multifamily property. The five-year refinance loan amortizes on a 30-year schedule. * The Villas Luxury Apartments, Marysville, CA: $2.429 million for the 36-unit multifamily property. The 20-year refinance loan amortizes on a 20-year schedule. * 1443 South Bonnie Brae St. Apartments, Los Angeles, CA: $1.912 million for the 40-unit multifamily property. The seven-year refinance loan amortizes on a 30-year schedule. * Emerald Court Apartments, New Brighton, MN: $1.65 million for the 54-unit multifamily property. The seven-year refinance loan amortizes on a 30-year schedule.
MORE FROM Brokerage

Century Cricket Centre to open first U.S. location near Bryant Park in 14,000 s/f lease

Manhattan, NY Century Cricket Centre, an Australian-backed indoor cricket and sports-tech concept, will open its first U.S. location in a 14,000 s/f at 25 W. 39th St. near Bryant Park following a 15-year lease arranged by Lee
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their