ARBOR ARRANGES $8.1M LOAN FOR GLENWOOD APTS.

by admin December 6, 2012

December 6, 2012

EAST LANSING, MICH. — Arbor Commercial Mortgage has arranged an $8.1 million FHA 223(f) loan for Glenwood Apartments, a 138-unit multifamily property in East Lansing. The 35-year refinance loan amortizes on a 35-year schedule. The garden-style property primarily targets students from nearby Michigan State University.

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