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CORAL SPRINGS, FLA. — Uniondale, N.Y.-based Arbor Commercial Funding has secured a $38.45 million loan for The Grove at Turtle Run apartment complex. The 510-unit property is located at 3615 Turtle Run Blvd. in Coral Springs. The 10-year loan was financed under the Fannie Mae DUS MBS product line. The loan carries a 5.51 percent interest rate and a 30-year amortization schedule.