New York Real Estate Journal

Abergel of Arbor Commercial originates 16 loans totaling $60.862 million

October 28, 2013 - Brokerage
Arbor Commercial Funding, LLC has funded 16 loans totaling $60.862 million. The loans were originated by Ronen Abergel, VP in Arbor's N.Y. office. These loans include: * Prairie Apartments, Lansing, IL: $6.92 million for the 144-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * Stanford Oaks Apartments, Tucker, GA: $6 million for the 202-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * Longhorn Cove Apartments, Denton, TX: $5.918 million for the 66-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Keswick Apartments, Greenville, NC: $5.59 million for the 180-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Oakwood Apartments, Newton, NC: $4.4 million for the 140-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Sharon Oaks Apartments, Charlotte, NC: $3.55 million for the 98-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * The Meadows Apartments, Sparks, NV: $4.3 million for the 110-unit multifamily property. The 12-year refinance loan amortizes on a 30-year schedule. * Maple Estates, Lee's Summit, MO: The 185-unit multifamily property received $3.9 million. The 10-year refinance loan amortizes on a 30-year schedule. * Plaza Place Apartments, North Augusta, SC: $3.538 million for the 120-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Arbor Sq. Apartments, Shawnee, KS: $5.9 million for the 195-unit multifamily property. The 10-year acquisition loan amortizes on a 30-year schedule. * Lillian Sq. Apartments, Pensacola, FL: $1.65 million for the 99-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * 9th Ave. Apartments, Pensacola, FL: $1.445 million for the 66-unit multifamily property. The 10-year refinance loan amortizes on a 30-year schedule. * Townview Apartments, Zephyrhills, FL: $1.76 million for the 46-unit multifamily property. The five-year refinance loan amortizes on a 30-year schedule. * The Villas Luxury Apartments, Marysville, CA: $2.429 million for the 36-unit multifamily property. The 20-year refinance loan amortizes on a 20-year schedule. * 1443 South Bonnie Brae St. Apartments, Los Angeles, CA: $1.912 million for the 40-unit multifamily property. The seven-year refinance loan amortizes on a 30-year schedule. * Emerald Court Apartments, New Brighton, MN: $1.65 million for the 54-unit multifamily property. The seven-year refinance loan amortizes on a 30-year schedule.