MINNEAPOLIS, MN - Dougherty Funding LLC recently closed a $23 Million loan for the new construction of a 180-unit apartment property in Williston, North Dakota. The first mortgage construction/term loan will be used to build phase 1 (180 units) of a 300-unit apartment project. The new construction financing was arranged for Granite Peak Partners Bakken Development Fund I, LP by Dougherty’s Minneapolis, Minnesota office.
Since 1996, Dougherty Funding LLC has offered a broad range of commercial finance solutions to real estate developers and corporations nationwide, providing traditional mortgage banking services via timely transaction execution, value-added deal structuring and efficient and accurate loan processing.
Dougherty Funding serves as the lead lender in all of their transactions and funds each financing by selling loan participations to an extensive network of banks and institutional lenders throughout the U.S.
For more information, please visit www.doughertymarkets.com.
Intracorp Delivers New California Chic Boutique Apartment Community with 178-Unit Aurum in Sought-After Orange County Market
Banner Real Estate Group Breaks Ground on 334-Unit The Faywell Multifamily Development in The Heart of Downtown Wheaton, Illinois
Sherman Residential Expands its Multifamily Portfolio with The Acquisition of 233-Unit Skye Suwanee Town Center in Atlanta Submarket
Toll Brothers Apartment Living and Gables Residential Announce Joint Venture to Develop 243-Unit Multifamily Community in Colorado
The latest multifamily industry news delivered to your inbox
IRVINE, CA - Intracorp announced that its new luxury boutique apartment community Aurum is now open...
WHEATON, IL - Banner Real Estate Group announced the successful closing on its latest development...
ATLANTA, GA - Sherman Residential has proudly acquired Skye Suwanee Town Center, a Class A...
LITTLETON, CO - Toll Brothers (NYSE: TOL), the nation’s leading builder of luxury homes,...
BEVERLY HILLS, CA - A real estate fund managed by Kennedy Wilson has acquired, in separate...
SCOTTSVILLE, AZ - Knightvest Capital, a vertically integrated multifamily investment firm,...
JACKSONVILLE, FL - FaverGray, a leading general contractor specializing in multifamily and...
ATLANTA, GA - ECI Group (ECI), with joint venture partner Phoenix Capital, recently celebrated the...
The latest multifamily industry news delivered to your inbox.