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Brokerage
Posted: January 22, 2019
Short of Arbor funds $151.3 million for multifamily portfolio in New York City
New York, NY Arbor Realty Trust, Inc. has funded a loan for a multifamily property portfolio. These properties received $151.3 million in total funding through the Freddie Mac SBL product, making this transaction one of the largest portfolios since the inception of the program.
Ari Short of Arbor’s local office originated the loan.
“This group of closings demonstrates Arbor’s ability to meet our clients’ unique needs through diverse, flexible and customized loan products,” said Short. “Closing Freddie Mac’s largest portfolio was a gratifying accomplishment and we look forward to continued growth with both Freddie Mac and Fannie Mae.”
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