DEAL OF THE DAY: Arbor Supplies $1.08M Small Loan

Haltom City, Texas‑Arbor Commercial Funding, LLC announced the recent funding of a $1,080,000 loan under the Fannie Mae DUS Small Loan product line for the 68-unit complex known as Haltom Oaks Apartments in Haltom City, Texas.

The 10-year loan amortizes on a 25-year schedule and carries a note rate of 5.51 percent.

The loan was originated by Anthony Tarter, director, in Arbor’s full-service Dallas lending office. “We were pleased to be able to provide financing for the repeat Fannie Mae borrower and this good-quality property, which sits in a desirable location within the Dallas/Fort Worth area,” says Tarter.