Margolin of Arbor originates $3.52 million Fannie Mae loan for 138-unit apartment complex

Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, funded a $3.52 million loan under the Fannie Mae DUS MBS product line to finance the 138-unit complex known as Ballantyne Apartments located on 161 Ballantyne Rd. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.25%. The loan was originated by Peter Margolin, director, in Arbor's full-service Deerfield, Ill. lending office. "Arbor assisted the borrower with the acquisition of this property by maximizing proceeds and offering a highly competitive rate," said Margolin. Arbor Commercial Funding, LLC, Arbor Commercial Mortgage, LLC, and Arbor Realty Trust, Inc., have experience in mortgage origination, servicing and securitization and have built a reputation for service, quality and flexibility. Arbor's seasoned management team specializes in debt and equity financing for multifamily, office, retail, hotel and various other commercial real estate properties. The company offers a broad array of financing options including Fannie Mae DUS, FHA, CMBS, Bridge and Mezzanine products. Currently, Arbor services approximately $6.1 billion in loans. Arbor is a rated Standard & Poor's third-party commercial loan and special servicer.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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Resource Realty of Northern NJ arranges two industrial leases totaling over 173,000 s/f

Columns and Thought Leadership

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