Arbor Realty Provides $40.5M Loan For Multifamily Property On Manhattan Avenue

The multifamily property located at 1056 Manhattan Avenue has been involved in a recent loan transaction. The loan was provided by Arbor Realty. The landlord of the property is Bruman Realty, represented by Joseph Brunner. The loan amount for this transaction was $40,500,000, and the property spans a total of 83,968 square feet with 90 units.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $40,500,000
• Address: 1056 Manhattan Avenue
• Lender: Arbor Realty
• Landlord: Bruman Realty - Joseph Brunner
• Square Footage: 83,968
• Number of Units: 90

This loan transaction showcases the collaboration between Arbor Realty and Bruman Realty, represented by Joseph Brunner. The deal highlights their involvement in the real estate market, with the multifamily property at 1056 Manhattan Avenue serving as the focal point. The loan amount of $40,500,000 reinforces the significance of this transaction, which involves a property spanning a total of 83,968 square feet and comprising 90 residential units.