Apartment City

MINNEAPOLIS, MN - Dougherty Mortgage , a full service national mortgage banking firm , recently closed a $2. 1 million Fannie Mae loan for the acquisition of Mariposa Park, a 52- unit market rate multifamily apartment property located in Fort Worth, Texas.  The Fannie Mae 12-year term, 3-year interest only loan has a 30- year amortization schedule and was arranged through a partnership with Old Capital Lending and Dougherty’s Minneapolis and Vienna, Virginia offices for borrower Mariposa Park Investment Apartments , LLC. Dougherty Mortgage LLC is a full-service, nationwide mortgage banking firm , an approved FHA MAP and LEAN lender, as well as a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, offering a variety of loan products for the acquisition, refinance, construction or rehabilitation of various property types. In addition, Dougherty Mortgage LLC provides loan servicing on their mortgages and is an approved Ginnie Mae seller/servicer, currently servicing in ...

Water Chase Apartment Homes in Arlington features a swimming pool, fitness center and a clothing care center ." /> Water Chase Apartment Homes in Arlington features a swimming pool, fitness center and a clothing care center . ARLINGTON, TEXAS — A partnership between Dougherty Mortgage and Old Capital Lending has arranged a $10. 1 million acquisition loan for Water Chase Apartment Homes , a 200- unit multifamily community in Arlington. The gated, pet- friendly complex features a swimming pool, fitness center and a clothing care center . Individual units include washer/dryer connections, walk-in closets and private balconies and patios. Dougherty Mortgage and Old Capital Lending arranged the 12- year Fannie Mae loan on behalf of the borrower, TFG Waterchase Apartments LLC . The loan features two years of interest-only payments and a 30- year amortization schedule . Tagged loans