High-rise commercial buildings

Sub Markets

Property Sectors

Topics

New York & Tri-State CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New York & Tri-State  + Uptown/Bronx  + Finance  | 

Arrow Arranges Freddie Mac Loan on Bronx Multifamily

Arrow Real Estate Advisors secured a $12,091,000 Freddie Mac loan for a multifamily property at 3030 Middletown Rd. in the Bronx. Senior director Eli Serebrowski and VP Meir Schlusselberg arranged the financing on behalf of client H Holding Group / Magen Capital, led by Sharon Hakmon.

The 50,916-square-foot property includes 46 residential apartments and 2 commercial units, and the new loan replaces a maturing mortgage. Arrow secured a five-year loan with two years of interest-only payments at a rate of 5.41%, providing the borrower with long-term stability and attractive terms amidthe currently volatile rate environment.

“In a rapidly shifting market, rates fluctuated almost daily,” said Serebrowski. “Our team worked closely with Walker & Dunlop to lock in a favorable rate and deliver the right structure for our client. We’re proud to have helped a valued borrower navigate these conditions successfully.”

Connect

Inside The Story

Arrow Real Estate's Serebrowski

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
New call-to-action
New call-to-action