This transaction highlights our ability to move swiftly and decisively, even under tight timelines. We are proud to support Central Management in their continued growth and to have delivered certainty of execution with a high-quality lender like Arbor.
— Eli Serebrowski, Senior Director, Arrow Real Estate Advisors
Arrow Real Estate Advisors, a leading real estate finance advisory firm, has successfully arranged a $16.35 million acquisition loan on behalf of Central Management for the purchase of a 129-unit garden-style multifamily property located in the Southeastern U.S. Arrow Real Estate Advisors’ Eli Serebrowski, senior director and Meir Schlusselberg, vice president secured the loan for this deal.
Financing for the acquisition was provided by Arbor Realty Trust through a Fannie Mae execution. The deal was structured with a competitive 5.32% fixed interest rate over a five-year term. The total purchase price for the asset was $22 million.
Arrow Real Estate Advisors ensured a smooth and timely closing in under 60 days, allowing the buyer to meet all critical deadlines and proceed with confidence in a competitive acquisition environment.