![](https://nerej.com/img/logo/logo-ne.png)
February 04, 2009 -
Front Section
According to Arbor Commercial Funding, LLC, a $15.036 million loan was placed under the Fannie Mae DUS product line to finance the 435-unit complex known as Hidden Pointe Apartments. The 10-year loan amortizes on a 30-year schedule and carries a note rate of 6.18%. The loan was originated by Jay Porterfield, VP, in Arbor's full-service Plano, Tex. lending office.