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Brokerage
Posted: April 12, 2010
Tarter of Arbor originates $6.847 million Fannie Mae loan
Arbor Commercial Funding, LLC funded a $6.847 million loan under the Fannie Mae DUS product line for the 176-unit complex known as Carlisle on the Creek. The seven-year loan amortizes on a 30-year schedule and carries a note rate of 5.55%.
The loan was originated by Anthony Tarter, director, in Arbor's full-service Dallas lending office. "Arbor was pleased to provide acquisition financing, including additional funds for capital improvements, for a great borrower and property in the Dallas Uptown market," said Tarter.
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