Uniondale, NY (June 25, 2010) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $1,444,700 loan under the Fannie Mae DUS® Small Loan product line for the 17-unit complex known as 421 East 82nd Street Apartments in New York, NY.
The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.05 percent.
The loan was originated by Alexander Kaushansky (top right photo) , Director, in Arbor’s full-service New York, NY lending office. “Arbor was pleased to provide the borrower a cash-out refinance on this property,” said Kaushansky.
Contact: Ingrid Principe, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/, Follow us on Twitter @ arbor1
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