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Posted: November 1, 2016
Arbor Realty Trust funds four loans totaling $21.386 million
Amherst Garden Apartments, Buffalo, NYBuffalo, NY Arbor Realty Trust, Inc. has funded 4 loans totaling $21.386 million:
• Amherst Garden Apartments, a 202-unit multifamily property received $11 million funded under the Fannie Mae DUS Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule.
• A multifamily property in Rochester received $5.2 million funded under the Arbor CMBS Loan product line.
• Bryant Place Apartments, a 32-unit multifamily property received $2.665 million funded under the Fannie Mae DUS Small Loan product line. The seven-year acquisition loan amortizes on a 30-year schedule.
• Clarendon Heights in Rochester, a 256-unit multifamily property received $2.521 million funded under the Fannie Mae DUS Supplemental Loan product line. The seven-year supplemental loan amortizes on a 30-year schedule.
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