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Brokerage
Posted: July 10, 2009
Abergel of Arbor Comm'l. originates $32.32m Fannie Mae loan in Alabama
According to Arbor Commercial Funding, LLC, a $32.35 million loan has been funded under the Fannie Mae DUS MBS ARM loan product line to refinance the 520-unit complex known as Vintage Pointe.
The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.11%. The loan was originated by Ronen Abergel, director, in Arbor's full-service N.Y. lending office.
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