ARBOR CLOSES $1.25 MILLION FANNIE MAE DUS¨ SMALL LOAN

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BOISE, IDAHO — Arbor Commercial Funding, a wholly owned subsidiary of Arbor Commercial Mortgage, has arranged a $1.25 million loan through Fannie Mae DUS® Small Loan product line for the 44-unit Maple Grove Apartments in Boise. Terms of the 10-year loan include a 30-year amortization schedule and a note rate of 5.5 percent. Jon Red of Arbor’s Spokane, Wash., office originated the loan on behalf of the undisclosed borrower.

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