GRAND JUNCTION, CO-Uniondale, NY-based Arbor Commercial Mortgage has funded a $1-million loan for the 36-unit Driftwood Apartments in this city in northwest Colorado. The refinancing was made under Fannie Mae’s DUS product line.

The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.33%.

Arbor’s DUS small loan program gives owners and developers of small apartment projects more efficient financing.

“Big deal or small deal, big city or small city, Arbor is in the business,” says Bob Flint, an Arbor senior loan officer based in Denver.

Arbor provides debt and equity financing for apartment complexes, senior and affordable housing, hotels, offices, industrial and retail properties. It has full-service lending officers covering all regions in the country.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.