Edwards of Arbor Commercial originates $42.83 million in Fannie Mae and bridge loans nationwide

Arbor Commercial Funding, LLC has funded eight multi-family loans totaling $42.83 million under Arbor's Fannie Mae Delegated Underwriting & Servicing (DUS) Loan, Fannie Mae DUS Small Loan, Fannie Mae DUS Military Housing Loan, Fannie Mae DUS Dedicated and Traditional Student Housing Loan and Arbor Bridge Loan product lines across the country. These loans include: * Brannigan Village Apartments, Winston-Salem, N.C.: This 254-unit property received $12.9 million funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Wilshire Park Apartments/Wilshire Landing Apartments, Wilmington, N.C.: This 96-unit student complex received $8.5 million funded under the Fannie Mae DUS Dedicated Student Housing Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Birchfield at Millstone, Fayetteville, N.C.: This 60-unit property received $5 million funded under the Fannie Mae DUS Military Housing Loan. The 10-year refinance loan amortizes on a 30-year schedule. * Indigo Pines Apartments, Daytona Beach, Fla.: This 240-unit property received $5.72 million funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Marina Vista Apartments, Daytona Beach, Fla.: This 192-unit property received $3 million funded under the Fannie Mae DUS Student Housing Loan product line. The 10-year refinance loan amortizes on a 25-year schedule. * A 101-unit property in San Antonio, Tex., received a $2.884 million acquisition loan with a two-year term funded under the Fannie Mae Bridge Loan product line. * Whitney Manor Apartments, Hartford, Conn.: This 58-unit property received $2.426 million funded under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Lynn Portfolio, Lynn, Mass.: This 53-unit complex received $2.4 million funded under the Fannie Mae DUS Small Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. All of the loans were originated by John Edwards, VP in Arbor's Boston office. "As evidenced by this wide variety of transactions, Arbor provides a tremendous diversity of loan products wherever our clients do business," Edwards said. "Of course, with the Multifamily market currently outperforming other asset classes, Arbor has made sure it is there for its clients in a variety of ways as they seek to take advantage of current fundamentals. This speaks to our greater personal commitment to each and every client."