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Arbor Commercial Funding, LLC
Real Estate Weekly, June 6, 2007
Tags: LLC
Arbor Commercial Funding, LLC announced the following transaction:
* The funding of a $4,500,000 loan under Fannie Mac's DUS/MBS product line to refinance the 239-unit complex known as Oakdale Cooperative in Ferndale, MI. The 30-year loan amortizes on a 30-year schedule and carries a note rate of 6.24 percent.
The loan was originated by Michael Jehle, Midwest Director, in Arbor's full-service Bloomfield Hills, MI lending office.
COPYRIGHT 2007 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
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