Arbor Closes Three Fannie Mae DUS® Loans Totaling $9,984,000

Uniondale, NY (July 12, 2010) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of three (3) loans under the Fannie Mae DUS® product line. These loans include:

La Joya Apartments, (middle left photo) Arlington, TX – A 185-unit complex in the amount of $3,419,000 funded under the Fannie Mae DUS® product line. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.69 percent.

Linda Vista Apartments, Fort Worth, TX – A 216-unit complex in the amount of $3,367,000 funded under the Fannie Mae DUS® product line. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.69 percent.

Bella Apartments, Fort Worth, TX – A 208-unit complex in the amount of $3,198,000 loan under the Fannie Mae DUS® product line. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.69 percent.

The loans were originated by Anthony Tarter (top right photo) , Director, in Arbor’s full-service Dallas, TX lending office. “We were pleased with the opportunity to provide a streamlined refinance for each of these properties at a very attractive rate for a new Arbor client,” said Tarter.

Contact:  Ingrid Principe, P: 516.506.4298, F: 516.542.2555, http://www.arbor.com/, Follow us on Twitter @ arbor1