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Howard Levine, president/CEO of ARCS Commercial Mortgage Co., announced the closing of $2,765,000 million in financing for the Malden Apartments.


Howard Howard, English noble family. Landowners in Norfolk from the 13th cent., the Howards obtained the duchy of Norfolk through the marriage of Sir Robert Howard to Margaret Mowbray, daughter of Thomas Mowbray, 1st duke of Norfolk.  Levine Le·vine   , James Lawrence Born 1943.

American pianist and conductor. He began his career with the Metropolitan Opera as principal conductor in 1973 and has since served as both music and artistic director.
, president/CEO of ARCS Commercial Mortgage Co., announced the closing of $2,765,000 million in financing for the Malden Malden (môl`dən), city (1990 pop. 53,884), Middlesex co., E Mass., a suburb of Boston, in the Mystic valley; settled 1640, inc. 1882. Among its varied manufactures are electronic parts, metal cans, paint, clothing, and rubber footwear.  Apartments, a 48-unit multifamily property in Northridge, CA.

The loan was originated by ARCS' Calabasas Hills Office through Fannie Mae's 3MaxExpres product, a streamlined program designed to provide all the benefits of Fannie Mae Fannie Mae: see Federal National Mortgage Association.  financing with streamlined procedures and costs. The loan was for a l0 year term/30 year amortization at a rate of 6.18%.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Aug 9, 2006
Words:79
Previous Article:Larry Sneathern, SVP/ Central Region of ARCS Commercial Mortgage Co., announced the closing of $5.037 million in financing for the Deerwood...
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