McNulty of Arbor closes $13.6 million Fannie Mae DUS loan for 369-unit complex
Arbor Commercial Funding, LLC funded of a $13.6 million loan under the Fannie Mae DUS product line for the 369-unit complex known as Fairways Apartments. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.96%. The loan was originated by Patrick McNulty, director, in Arbor's full-service Chicago, IL, lending office.
Manhattan, NY Investment Property Realty Group (IPRG) closed the sale of 120 Forsyth St., a mixed-use building located in the Lower East Side section of the city, for $1.35 million.
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
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
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.
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