Sunday, October 17, 2010

Arbor Closes $1,998,000 Fannie Mae DUS® Small Loan For Hickory Square Apartments in Hickory, NC


 Uniondale, NY -- Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of a $1,998,000 loan under the Fannie Mae DUS® Small Loan product line for the 108-unit complex known as Hickory Square Apartments (top left photo) in Hickory, NC. The 10-year loan amortizes on a 30-year schedule.

 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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