York of Arbor Commercial Mortgage, LLC originates $8.85 million

May 23, 2011 - Financial Digest

Stephen York, Arbor Commercial Mortgage, LLC

According to Arbor Commercial Funding, LLC, a wholly-owned subsidiary of Arbor Commercial Mortgage, LLC, Stephen York, director, has originated the recent funding of an $8.85 million loan under the Fannie Mae DUS Small Loan product line.
Reve Apartments, a 34-unit complex received $8.85 million funded under the Fannie Mae DUS Loan product line. The 10-year loan amortizes on a 30-year schedule.
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