York of Arbor originates a $2.43 million Fannie Mae loan

Arbor Commercial Funding, LLC (Arbor), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, funded a $2.43 million loan under the Fannie Mae DUS Small Loan product line for the nine-unit property known as 81 Olive St. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.05%. The loan was originated by Stephen York, director, in Arbor's full-service New York lending office. "The borrower's existing loan was approaching maturity and came to Arbor looking for long-term fixed-rate financing," said York. "We were pleased to deliver competitive terms, which included sizeable cash out."

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

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Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

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N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

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