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Arbor arbor

Garden shelter providing privacy and partial protection from the weather, most commonly a lightweight, latticed framework (trellis) of wood or metal with interlaced branches of vines or climbing shrubs trained over it.
 Commercial Mortgage announced the funding of $14 million and $23.5 million loans under its CMBS CMBS

See: Commercial Mortgage Backed Securities
 product line to finance the acquisition of the 264-unit Braden Lake complex and the 430-unit Cornerstone complex. The five-year loans amortize amortize

To write off gradually and systematically a given amount of money within a specific number of time periods. For example, an accountant amortizes the cost of a long-term asset by deducting a portion of that cost against income in each period.
 on an interest only schedule and carry a note rate of 5.31%.

The loans were originated by Peter Blass of Arbor's New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, office. "Arbor was able to close these two complicated transactions in less than thirty days," said Peter Blass.
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Title Annotation:Arbor Commercial Mortgage L.L.C. is providing finance for the acquisition of complexes
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 20, 2005
Words:80
Previous Article:$100m mall loan.
Next Article:Dornoch adds another string to its bow.
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