Tuesday, August 18, 2009

Arbor Closes $1.8M Fannie Mae DUS® Loan for Liberty Place Apartments in Fayetteville, NC

Uniondale, NY (Aug.18, 2009) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $1,800,000 loan under the Fannie Mae DUS® Loan product line for the 79-unit complex known as Liberty Place Apartments (top left photo) in Fayetteville, NC.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.39 percent.

The loan was originated by John Edwards, Vice President, in Arbor’s full-service Boston, MA lending office. “We were pleased with the opportunity to provide financing for a repeat Arbor client,” said Edwards.

Contact: Ingrid Principe, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/
Follow us on Twitter @ arbor1
Posted by Alex at 8:00 AM
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)