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Brokerage
Posted: December 4, 2009
Petti of Arbor Commercial closes an $18 million Fannie Mae DUS loan
Arbor Commercial Funding, LLC has funded an $18 million loan under the Fannie Mae DUS loan product line for the 198-unit complex known as Saucon View Apartments. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.06%. The loan was originated by Edward Petti, director, in Arbor's full-service New York lending office.
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