Tarter of Arbor funds six Fannie Mae loans totaling $33.466 million
September 24, 2012 - Brokerage
Arbor Commercial Funding, LLC has funded six loans totaling $33.466 million across Texas under the Fannie Mae Delegated Underwriting & Servicing (DUS) Loan and Fannie Mae DUS Affordable Housing Loan product lines. All of the loans were originated by Anthony Tarter, a director at Arbor. These loans include:
* Park Village Apartments: This 350-unit multifamily property received $12.264 million funded under the Fannie Mae DUS Loan product line.
* San Carlos Apartments: This 153-unit multifamily property received $5.5 million funded under the Fannie Mae DUS Loan product line.
* Windsor Park Rental Homes, Fort Worth: This 50-unit multifamily property received $4.18 million funded under the Fannie Mae DUS Loan product line.
* Gardenview Apartments, Pasadena: This 309-unit multifamily property received $4.122 million funded under the Fannie Mae DUS Affordable Housing Loan product line.
* Meadow Park Townhomes, Hewitt: This 122-unit multifamily property received $4 million funded under the Fannie Mae DUS Loan product line.
* Ridgeview Apartments, Sherman: This 140-unit multifamily property received $3.4 million funded under the Fannie Mae DUS Loan product line.
"Arbor's widespread presence in the Texas multifamily real estate lending market proves we have the ability to deliver loan products that perfectly suit our clients' needs wherever they do business," Tarter said. "The relationship formed with each property's borrower reinforces our business partnerships and commitment to providing unmatched personal service deal after deal."
About Us
Founded by Chairman and CEO Ivan Kaufman, Arbor Commercial Mortgage, LLC and Arbor Commercial Funding, LLC are national direct lenders specializing in the origination of debt and equity financing and servicing for multifamily and other diverse commercial assets. Arbor is a Top 10 Fannie Mae DUS® Multifamily Lender and an FHA Multifamily Accelerated Processing (MAP) Lender, consistently building on its reputation for service, quality and flexibility. With a current servicing portfolio of $9.1 billion, Arbor is a primary commercial loan servicer and special servicer rated by Fitch Ratings and Standard & Poor's. Arbor is also on the Standard & Poor's Select Servicer List.
Arbor Commercial Mortgage, LLC also manages Arbor Realty Trust, Inc., a real estate investment trust, (REIT), formed to invest in mortgage-related securities, real estate-related bridge, junior participating interests in first mortgages, mezzanine loans, preferred and direct equity investments and in limited cases, discounted mortgage notes and other real estate related assets. Arbor is headquartered in Uniondale, NY, with full-service lending offices throughout the United States. For more information about Arbor, visit www.arbor.com.