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Fannie Mae loan for $55M will buy pair of NJ buildings | Real Estate Weekly
Arbor Realty Trust, a commercial mortgage lender, recently funded a Fannie Mae Streamlined Rate Lock (SRL) portfolio in Hasbrouck Heights, NJ. The loans provided for the acquisition of two multifamily buildings totaling 338 units. The properties received $55.3M in financing through the program and have 12-year fixed rates with six...