CARY APARTMENT COMPLEX GETS $22 MILLION LOAN

by admin June 30, 2010

June 30, 2010

CARY, N.C. — Arbor Commercial Funding has secured a $22 million loan for the 302-unit Brook Arbor Apartments in Cary. The Fannie Mae DUS loan carries a 10-year term and a 30-year amortization. The interest rate is 5.68 percent. Joseph Donovan of Arbor arranged the loan.

TWO CONSTITUTION SQUARE SELLS FOR $305 MILLION

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CARY APARTMENT COMPLEX GETS $22 MILLION LOAN

TWO CONSTITUTION SQUARE SELLS FOR $305 MILLION

APARTMENT COMPLEX SOLD

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