UNIONDALE, NY—Arbor Commercial Funding, LLCrepots it has funded 14 multifamily loans totaling $128,872,739under the Fannie Mae Delegated Underwriting & ServicingLoan, Fannie Mae DUS Dedicated Student HousingLoan, CMBS Loan, and Arbor RealtyTrust Loan Bridge product lines.

The financing is for apartment properties located in the statesof: Oklahoma, South Carolina, Massachusetts, Rhode Island,Connecticut, West Virginia, Texas, North Carolina, Georgia, andAlabama. Joe Charneski, vice president in Arbor'sNew York City office, originated all of the loans.

Among the 14 loans was a $13.09-million acquisition loan for the464-unit Shoreline Apartments in Tulsa OK. The 10-year Fannie MaeDUS loan amortizes on a 30-year schedule. Arbor also financed underthe Fannie Mae DUS product line a $9.4-million refinance loan forthe 288-unit Parkland Apartments in Columbia, SC. Other reporteddeals include a $4.89-milllion acquisition loan for a 259-unitmultifamily property in Columbia, SC; a $2.74-million acquisitionloan for a 152-unit multifamily property in Columbia, SC; a$8.1-million refinance loan for the 42-unit Fairhaven Gardensapartment community in Concord, MA; and a $5.37-million refinanceloan for the 75-unit Royale Apartments complex in Cranston, RI.