York of Arbor closes $3.087m Fannie Mae loan for 82-unit complex
Arbor Commercial Funding, LLC closed a $3.087 million loan under the Fannie Mae DUS product line to refinance the 82-unit complex known as Amelia Apartments. The seven-year loan amortizes on a 30-year schedule and carries a note rate of 6.33%. The loan was originated by Stephen York, director, in Arbor's Uniondale, N.Y. lending office.
Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) has completed 100,000 s/f of leasing activity over the past year at 387 Park Ave. South, highlighted by a new lease with Hanover Park and the expansion and extension of PMG Worldwide totaling more than 58,000 s/f.
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