ARBOR COMMERCIAL ARRANGES MULTIFAMILY FINANCING

by admin

HAMMOND, LA. — A private owner has borrowed a $6.3 million Fannie Mae loan for the 102-unit Tangi Lake Townhomes in Hammond. The 10-year loan comes with a 6.04 percent interest rate. Scott Waddington of Arbor Commercial Funding's Tampa Bay, Fla., office arranged the loan, which was financed by Eustis Mortgage.

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