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Arbor closes re-fi deal.


Arbor Commercial Mortgage, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 ("Arbor") announced the recent funding of a $5,700,000 loan under Fannie Mae's DUS/MBS product line to refinance the 128-unit complex known as Lincoln Arms, Sparks, NV

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 5.70%.

The loan was originated by Vincent M. Cardamon cardamon,
n Latin name:
Elettaria cardamomum; part used: seeds; uses: dyspepsia, colic, gas, irritable bowel syndrome, gallstones, colds, cough, viruses, congestion, anorexia; precautions: pregnancy, lactation, children; patients with heartburn
, Director, and was underwritten in Arbor's full-service San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  lending office. "As a first time borrower of Arbor Commercial Mortgage, they were extremely pleased with our execution and had the confidence in our ability to deliver a very attractive long term, fixed-rate loan Fixed-rate loan

A loan whose rate is fixed for the life of the loan.
 on a high quality asset," said Cardamon.
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Article Details
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Title Annotation:Finance: real estate; Arbor Commercial Mortgage L.L.C.'s refinance
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Nov 10, 2004
Words:107
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