PLANO, Tex.--Arbor Commercial Funding LLC (“Arbor”), a wholly-owned subsidiary of Arbor Commercial Mortgage LLC, and a national, direct commercial real estate lender, has announced the recent funding of 16 loans totaling $86,912,000, across the Western United States.

All of the loans, which stretch from Texas to California, were originated by Jay Porterfield, vice president in Arbor's Plano office.

“Arbor's multifamily financing expertise spans more than two decades,” Porterfield told GlobeSt.com. “Because of those deep roots in the industry, Arbor is able to fund deals of all sizes, while giving the same personal attention to $1 million deals as we do $100 million deals…We are particularly active in Texas, as exemplified by these most recent transactions.”

The Texas and Oklahoma transactions include:

• High Meadow Apartments, Durant, Okla. This 208-unit multifamily property received $10,950,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. There is a clubhouse, a swimming pool, a laundry facility, a basketball court, barbeque grills, a playground and a fitness center available on the property.
• Sunnyview Apartments, Oklahoma City This 224-unit multifamily property received $6,325,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.
• Mansions South Apartments, Moore, Okla.  This 146-unit multifamily property received $4,205,000 funded under the Fannie Mae DUS Loan product line. The 25-year acquisition loan amortizes on a 25-year schedule. Property features include washer/dryer connections with appliances in each unit, patios/balconies, a swimming pool, a fitness center, a basketball court, a playground, picnic areas and a dog park.
• Trafalgar Square Duplexes, Oklahoma City  This 44-unit multifamily property received $3,050,000 funded under the Fannie Mae DUS Loan product line. The 10-year refinance loan amortizes on a 30-year schedule.
• McKinney Park Apartment Homes, Denton, Tex.  This 250-unit multifamily property received $8,535,000 funded under the Fannie Mae DUS Affordable Housing Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. Residents have access to a pool, a volleyball court, a playground, a business center and on-site parking.
• Copper Creek Apartments, Fort Worth This 274-unit multifamily property received $6.2 million funded under the Fannie Mae DUS ARM 7/6 Loan product line. The seven-year refinance loan amortizes on a 30-year schedule. The property features two swimming pools and two laundry rooms.

• Chaparral Apartments, Fort Worth This 134-unit multifamily property received $3,492,000 funded under the Fannie Mae DUS Loan product line. The 10-year acquisition loan amortizes on a 30-year schedule. 
• Cimarron Apartments, Canyon, Tex.  This 128-unit multifamily property received $2,675,000 funded under the Fannie Mae DUS Small Loan product line. The 30-year refinance loan amortizes on a 30-year schedule.The complex features a swimming pool, a central laundry facility and on-site parking.
• Madera Lakeside, Arlington This 192-unit multifamily property received $2,500,000 funded under the Fannie Mae DUS Supplemental Loan product line and was funded to accommodate an acquisition of the property. The seven-year, 10-month supplemental loan amortizes on a 30-year schedule. Madera Lakeside Apartments is a garden-style apartment community that provides a swimming pool as well as a lake for its residents.