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$23M Tower loan

Real Estate Weekly, July 28, 2004

Arbor Commercial Mortgage, LLC ("Arbor") announced the recent funding of a $23,000,000 loan under its conduit product line to refinance the office building known as The Tower Office Building, Franklin Township, NJ.

The 7-year loan amortizes on a 30-year schedule and carries a note rate of 5.93%.

The loan was originated by Peter Blass, Loan Officer in Arbor's full-service New York lending office.

COPYRIGHT 2004 Hagedorn Publication
COPYRIGHT 2004 Gale Group
 

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