York of Arbor Commercial Funding funds 9 loans totaling $73.276 million

Stephen York, vice president, Arbor Commercial Funding, LLC has completed recent funding of 9 loans totaling $73.276 million. These loans include: * 424 Bedford Ave.: This 66-unit multifamily property received $26.9 million under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * 12-18 Meserole St.: This 28-unit multifamily property received $11.8 million under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * 27th Avenue Apartments, Astoria: This 52-unit multifamily property received $11 million under the Fannie Mae DUS Loan product line. The 20-year refinance loan amortizes on a 25-year schedule. * Meserole and Montrose Apartments: This 44-unit multifamily property received $9.007 million under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Audubon Ave.: This 49-unit multifamily property received $3.973 million under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Sherman Ave.: This 45-unit multifamily property received $3.227 million under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * 233-235 Montrose Ave. Apartments: This 16-unit multifamily property received $3.037 million under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * Palmetto Villas: This 15-unit multifamily property received $2.5 million under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. * 1120 Bergen St. Apartments: This 33-unit multifamily property received $1.832 million under the Fannie Mae DUS Small Loan product line. The 10-year refinance loan amortizes on a 30-year schedule. All of the loans were originated by York. "As the leading commercial real estate market, the New York tri-state area represents a tremendous opportunity to continually grow Arbor's business," York said. "With headquarters on Long Island and two offices in New York City, Arbor is clearly a leading presence in the market and we are happy to provide our clients with the customized financial solutions they seek as their long-term lending partner." Founded by Chairman and CEO Ivan Kaufman, Arbor Commercial Mortgage, LLC and Arbor Commercial Funding, LLC are national direct lenders specializing in finance origination and loan 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 $10 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.