$21.82 MILLION IN FINANCING FOR BATON ROUGE APARTMENTS

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BATON ROUGE, LA. — Arbor Commercial Funding has secured a $21.82 million loan for the 264-unit Mansions in the Park Apartments in Baton Rouge. The 10-year Fannie Mae DUS loan comes with a 30-year amortization schedule. The loan carries a 5.63 percent interest rate.

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