Riverside’s Canyon Crest Views Secures Green Loan
Arbor Realty Trust funded the $39.3 million in funding through a 15-year loan with full term interest only from the program.
The owner of Riverside’s Canyon Crest Views has secured a green loan through Fannie Mae DUS green rewards program. Arbor Realty Trust funded the $39.3 million in funding through a 15-year loan with full term interest only from the program.
Built in 1983, Canyon Crest Views is a 178-unit complex is located steps away from Canyon Crest Town Centre and more than 80 businesses and restaurants in Riverside, CA. It offers one-, two- and three-bedroom townhomes and apartments with private garage parking. The garden-style multifamily property features two beautiful swimming pools, a multilevel fitness center and clubhouse.
Alexander Kaushansky of Arbor’s New York City office originated the loan.