Uniondale, NY (Oct. 27, 2010) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $13,760,000 loan under the Fannie Mae DUS® Loan product line for the 291-unit complex known as Westpointe Apartments (top left photo) in Robinson, PA. The 10-year loan amortizes on a 30-year schedule.
The Westpointe Apartments are located within the West Submarket of the Pittsburgh metropolitan area in an neighborhood of increasing residential and retail development.
The loan was originated by Ronen Abergel (bottom right photo), Director, in Arbor’s full-service New York, NY, lending office.
Contact: Christopher Ostrowski, costrowski@arbor.com
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