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Brokerage
Posted: June 20, 2017
Walker of Arbor Realty Trust funds two loans totaling $6.201 million
Brooklyn, NY According to Arbor Realty Trust, Inc., Austin Walker has handled two loans totaling $6.201 million:
• An eight-unit multifamily property, anchored by a commercial-use ground floor, received $4.62 million funded under the Arbor CMBS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule and provides equity recapture for future acquisitions.
• An 18-unit multifamily property in Yonkers received $1.581 million funded under the Fannie Mae Small Loan product line. The 7-year acquisition loan amortizes on a 30-year schedule.
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