Today’s Deals: Arbor Closes $2,693,500 Fannie Mae DUS Small Loan, and Other Transactions
March 2, 2009
By Anuradha Kher, Online News EditorRandolph, Mass.–Arbor Commercial Funding LLC recently completed funding of a $2,693,500 loan under the Fannie Mae DUS Small Loan product line to refinance the 24-unit complex known as Thompson Drive (pictured) in Randolph, Mass. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.51 percent.78-Unit…
By Anuradha Kher, Online News EditorRandolph, Mass.–Arbor Commercial Funding LLC recently completed funding of a $2,693,500 loan under the Fannie Mae DUS Small Loan product line to refinance the 24-unit complex known as Thompson Drive (pictured) in Randolph, Mass. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.51 percent.78-Unit Property Receives $1,528,700 Fannie Mae DUS LoanSioux Falls, S.D.–Arbor Commercial Funding LLC recently completed funding of a $1,528,700 loan under the Fannie Mae DUS product line to refinance the 78-unit Tally Ho Apartments in Sioux Falls, S.D.The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.87 percent.