News: Brokerage

Gillam of Arbor Commercial originates eight loans totaling $31.222 million

Greg Gillam, a director at Arbor Commercial Funding, LLC has originated eight loans totaling $31.222 million under the Fannie Mae Delegated Underwriting & Servicing (DUS) Loan, Fannie Mae DUS Small Loan, Fannie Mae DUS ARM 7-6 and Fannie Mae DUS Supplemental Loan product lines. These loans include: * 570 Knollview Court, Palmdale: This 144-unit multifamily property received a $9.024 million Fannie Mae DUS ARM 7-6 Loan. * 1801-1825 Morton Ave.: This 66-unit multifamily property received a $8.183 million Fannie Mae DUS Loan. * Garden Estates Apartments, Ventura: This 48-unit multifamily property received a $3.7 million Fannie Mae DUS Small Loan. * Madison at Green Valley Apartments, Henderson, NV: This 88-unit multifamily received a $3.6 million Fannie Mae DUS Loan. * Woodcrest Apartments, Las Cruces, NM: This 96-unit multifamily property received a $3 million Fannie Mae DUS Small Loan. * 13260 Maclay St., Los Angeles: This 22-unit multifamily property received a $1.335 million Fannie Mae DUS Small Loan. * Tuscany Villa Apartments, West Covina: This 165-unit multifamily property received a $1.28 million DUS Supplemental Loan. * The Arbors, Davis: This 120-unit multifamily property received a $1 million Fannie Mae DUS Small Loan. "These loans are examples of Arbor and Fannie Mae's effort to finance well-maintained properties that provide affordable market-rate housing throughout the California, Nevada and New Mexico rental markets," Gillam said.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
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.