ARBOR ARRANGES $18 MILLION APARTMENT LOAN

by admin

BETHLEHEM, PA. — Arbor Commercial Funding has arranged $18 million in Fannie Mae DUS financing for Saucon View Apartments, a 198-unit community located in Bethlehem. The loan carries a 10-year term with a 30-year amortization schedule and a 6.06 percent interest rate. Edward Petti of Arbor's New York City office originated the loan on behalf of the undisclosed borrower.

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