Arbor's express move.

Arbor Commercial Mortgage, LLC announced the recent funding of a $2,500,000 loan under Fannie Mac's 3MaxExpressa product line to refinance the 104-unit complex known as Fairway Villas, Lubbock, TX.

The 7-year loan amortizes on a 30-year schedule and carries a note rate of 5.94%.

Jayson Donaldson, Assistant Vice President, Capital Markets, said, "The client was able to refinance their existing high-cost debt with a streamlined, cost-efficient 3MaxExpressa execution carrying a very competitive rate."

Arbor Commercial Mortgage, LLC, and Arbor Realty Trust, Inc., have extensive experience in mortgage origination, servicing and securitization and have built a reputation for service, quality and flexibility.

Arbor's smanagement team specializes in debt and equity financing for multifamily, office, retail, hotel and various other commercial real estate properties.

The company offers a broad array of financing options including Fannie Mac DUSa, FHA, CMBS, Bridge and Mezzanine products.

Currently, Arbor services approximately $3 billion in loans. Arbor is a rated Standard & Poors third party commercial loan and special servicer.

Arbor also manages Arbor Realty Trust, Inc. a real estate investment trust, (REIT), formed to invest in real estate related bridge and mezzanine loans, preferred equity investments and in limited cases, discounted mortgage notes and other real estate related assets.

Arbor is headquartered in Uniondale, NY, and has full-service lending offices throughout the United States.