Wednesday, September 22, 2010

Arbor Closes $18 Million Fannie Mae DUS® Loan for Alaris Village in Winston-Salem, NC

Uniondale, NY (Sept. 22, 2010) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $18,000,000 loan under the Fannie Mae DUS® product line for the 284-unit complex known as Alaris Village (top left photo) in Winston-Salem, NC. The 10-year loan amortizes on a 30-year schedule.

The loan was originated by John Edwards,  Vice President, in Arbor’s full-service Boston, MA, lending office.

“It was a pleasure to continue to provide outstanding service and loan terms for this repeat Arbor client,” Edwards said.

Contact: Christopher Ostrowski, costrowski@arbor.com

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