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NEW YORK CITY — Arbor Commercial Funding has arranged $14 million in Fannie Mae DUS financing for the Stagg Bronx Portfolio in New York City. The portfolio consists of 13 clusters of townhomes located primarily in the northeast Bronx. The portfolio contains a total of 157 units. The loan carries a 10-year term and a 30-year amortization schedule. Edward Petti of Arbor's New York City office originated the loan.