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Posted: June 4, 2019
Outside the Region: Regenbogen of Arbor originates $3.2 million Fannie Mae Small Loan
Myrtle Beach, SC Arbor Realty Trust, Inc. funded a $3.2 loan through the Fannie Mae Small Loan program for The Avenue North – Myrtle Beach Portfolio.
Eric Regenbogen of Arbor’s Uniondale, N.Y. office originated the loan.
The Avenue North – Myrtle Beach Portfolio consists of 48 units across five, multifamily buildings.
These garden-style, seaside homes are conveniently located less than a mile from the beach, restaurants and shopping.
“I’m privileged to work with a valued client who has a strong presence in this market,” said Regenbogen. “I am also proud of Arbor’s ability to provide an attractive, long-term agency debt execution that was facilitated by our deep product expertise. I look forward to working with this client in the future.”
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