Arrow Real Estate Advisors secures $12.1 million Freddie Mac loan for multifamily property

Bronx, NY Arrow Real Estate Advisors closed on a $12.091 million Freddie Mac loan for multifamily property at 3030 Middletown Rd.  Arrow Real Estate Advisors’ Eli Serebrowski, senior director, and Meir Schlusselberg, vice president, arranged the financing on behalf of client H Holding Group / Magen Capital, led by Sharon Hakmon. 

The 50,916 s/f property includes 46 residential apartments and 2 commercial units, and the new loan replaces a maturing mortgage. Arrow Real Estate Advisors secured a five-year loan with two years of interest-only payments at a rate of 5.41%, providing the borrower with long-term stability and attractive terms in today’s rate environment. 

“In a rapidly shifting market, rates fluctuated almost daily,” said Serebrowski. “Our team worked closely with Walker & Dunlop to lock in a favorable rate and deliver the right structure for our client. We’re proud to have helped a valued borrower navigate these conditions successfully.”