Arbor Funds $86.912 million in Fannie Mae multifamily transactions

Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, and a national, direct commercial real estate lender, funded 16 loans totaling $86.912 million across the western U.S. under the Fannie Mae Delegated Underwriting & Servicing (DUS) Loan, Fannie Mae DUS Small Loan, Fannie Mae DUS Affordable Housing, Fannie Mae DUS Supplemental and Fannie Mae DUS ARM 7/6 product lines. All of the loans, which stretch from Texas to California, were originated by Jay Porterfield, vice president in Arbor's Plano, TX, office. "As a national direct lender, Arbor has comprehensive market expertise throughout the country, including in such multifamily hotbed markets as Colorado, California and Texas," Porterfield said. "As demonstrated by this diverse portfolio of loans, Arbor is providing the personal service and expertise needed for investors to take advantage of today's strong market conditions." * Stonebridge Apartments, Modesto, CA - This 286-unit multifamily property received $16,750,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. The property provides residents with a swimming pool, spa, clubhouse, playground and laundry room. * Hahn Triplexes, Modesto, CA - This 33-unit multifamily property received $3,000,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Lamar Station Apartments, Lakewood, CO - This 130-unit multifamily property received $6,350,000 funded under the Fannie Mae DUS Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. The property features a playground and dog park for residents. * Vistas at the Citadel, Colorado Springs, CO - This 210-unit multifamily property received $5,400,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. Resident amenities include two pools, two common laundry facilities, a dog park, a playground and a barbeque area. * Village Green Apartments, Greeley, CO - This 120-unit multifamily property received $2,500,000 funded under the Fannie Mae DUS Supplemental Loan product line. The 12-year, 10-month supplemental loan amortizes on a 30-year schedule. The complex features a pool and grill area. * Fountain Garden Apartments, Pueblo, CO - This 75-unit multifamily property received $2,480,000 funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. The apartment building provides a common laundry center as well as a playground, basketball court and picnic area for residents. * High Meadow Apartments, Durant, OK - This 208-unit multifamily property received $10,950,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. There is a clubhouse, a swimming pool, a laundry facility, a basketball court, barbeque grills, a playground and a fitness center available on the property. * Sunnyview Apartments, Oklahoma City, OK - This 224-unit multifamily property received $6,325,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Mansions South Apartments, Moore, OK - This 146-unit multifamily property received $4,205,000 funded under the Fannie Mae DUS Loan product line. The 25-year acquisition loan amortizes on a 25-year schedule. Property features include washer/dryer connections with appliances in each unit, patios/balconies, a swimming pool, a fitness center, a basketball court, a playground, picnic areas and a dog park. * Trafalgar Square Duplexes, Oklahoma City, OK - This 44-unit multifamily property received $3,050,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * McKinney Park Apartment Homes, Denton, TX - This 250-unit multifamily property received $8,535,000 funded under the Fannie Mae DUS Affordable Housing Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. Residents have access to a pool, a volleyball court, a playground, a business center and on-site parking. * Copper Creek Apartments, Fort Worth, TX - This 274-unit multifamily property received $6,200,000 funded under the Fannie Mae DUS ARM 7/6 Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. The property features two swimming pools and two laundry rooms. * Chaparral Apartments, Fort Worth, TX - This 134-unit multifamily property received $3,492,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. * Cimarron Apartments, Canyon, TX - This 128-unit multifamily property received $2,675,000 funded under the Fannie Mae DUS Small Loan product line. The 30-year refinance loan amortizes on a 30-year schedule. The complex features a swimming pool, a central laundry facility and on-site parking. * Madera Lakeside, Arlington, TX - This 192-unit multifamily property received $2,500,000 funded under the Fannie Mae DUS Supplemental Loan product line and was funded to accommodate an acquisition of the property. The seven-year, 10-month supplemental loan amortizes on a 30-year schedule. Madera Lakeside Apartments is a garden-style apartment community that provides a swimming pool as well as a lake for its residents. * Sandridge Apartments, Roy, UT - This 48-unit multifamily property received $2,500,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.