TODAY’S DEALS: Arbor Closes $10,614,100 Fannie Mae DUS Loan, and Other Transactions

By Anuradha Kher, Online News EditorRoswell, Ga.–Arbor Commercial Funding LLC recently completed funding of a $10,614,100 loan under the Fannie Mae DUS ARM product line to refinance the 312-unit complex known as Kings Bridge (pictured) in Roswell, Ga.The seven-year loan amortizes on a 30-year schedule and carries a note rate of 6.41 percent.Meridian Capital Arranges Over $2M for 89-Unit Rental CommunityHarrisburg, Pa.–Meridian Capital Group recently arranged $2,700,000 in financing for the Quail Run Apartments located in Harrisburg, Pa. The property features a total of 89 residential apartments and is located at 4001 Rawleigh St. Meridian’s New Jersey office negotiated on behalf of the borrower to secure a 15-year self-liquidating mortgage at a rate of 6.25 percent.