UNIONDALE, NY (Nov. 1, 2010) - Arbor Commercial Funding, LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, announced the recent funding of two (2) loans under the Fannie Mae DUS® Loan product line. These loans include:
Clover Crossings Apartments, Manchester, NY (top left photo) – The 72-unit complex received $5,480,000 funded under the Fannie Mae DUS® Loan product line. The 10-year loan amortizes on a 30-year schedule.
Maplewood Apartments, DeWitt, NY (middle right photo) – The 132-unit complex received $4,640,000 funded under the Fannie Mae DUS® Loan product line. The 10-year loan amortizes on a 30-year schedule. The loans were originated by Ronen Abergel, Director, in Arbor’s full-service New York, NY, lending office.
Contact: Christopher Ostrowski, costrowski@arbor.com
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