McGovern of Arbor originates $3.086 million Fannie Mae DUS loan
Arbor Commercial Funding, LLC funded a $3.086 million loan under the Fannie Mae DUS Small Loans product line to refinance the 21-unit complex known as 507 W 139th St. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.29%.The loan was originated by Arbor director Patrick McGovern.
Jersey City, NJ Affinius Capital and Kennedy Wilson closed on the financing for the ground-up development of Harborside 8, a multifamily project located on the waterfront. The capitalization includes $78