Arbor Provides $9.3M Acquisition Loan for Multifamily Property in North Miami
NORTH MIAMI, FLA. — Arbor Realty Trust Inc. has provided a $9.3 million acquisition loan for Arlington Manor Apartments, a 91-unit multifamily property in North Miami. Built in 1969, the four-story property is situated at 12501 N.E. 13th Ave., 13 miles north of downtown Miami. Arlington Manor offers studio, one-, two- and three-bedroom floor plans. Alexander Kaushansky of Arbor originated the loan on behalf of the undisclosed borrower. The seller was not disclosed.