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BOSTON AND EAST STROUDSBURG, PA. — Arbor Commercial Funding has arranged a total of $2.37 million in Fannie Mae DUS financing for two multifamily communities. In the first transaction, Arbor's John Kelly originated a $1.87 million loan for a 16-unit property located at 1322 Commonwealth Ave. in Boston. The non-recourse loan carries a 10-year term, a 30-year amortization schedule, a 5.98 percent interest rate and an 80 percent loan-to-value ratio. In the second transaction, Arbor's Ronen Abergel originated a $1.5 million loan for Lakeside Manor Apartments, a 44-unit community located in East Stroudsburg. The loan carries a 10-year term, a 30-year amortization schedule and a 5.68 percent interest rate.