Thursday, September 10, 2009

Arbor Closes $825,000 Fannie Mae DUS® Small Loan for Brownlee Villas Apartments in Atlanta, GA

Uniondale, NY (September 10, 2009) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $825,000 loan under the Fannie Mae DUS® Loan product line for the 34-unit complex known as Brownlee Villas Apartments in Atlanta, GA.
The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.90 percent.

The loan was originated by Alexander Kaushansky, (top left photo) Director, in Arbor’s full-service New York, NY office. “Arbor was pleased to deliver for this client in this challenging market,” said Kaushansky.

Contact: Ingrid Principe, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/
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