HURST, TX - Dougherty Mortgage LLC, a full service national mortgage banking firm, has closed a $2.8 million Fannie Mae loan for the refinancing of Valencia Park Apartments, a 112-unit market rate multifamily apartment property located in Hurst, Texas.
The 10-year term, 30-year amortization loan was arranged by Dougherty’s Minneapolis office, for borrower DCP Skyline One LLC.
Valencia Park Apartments offers 1-, 2- and 3-bedroom floorplans with air conditioning, assigned parking and dishwashers. Property amenities include a swimming pool.
Dougherty Mortgage LLC is a full service 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 excess of $3.5 billion of loans. Based in Minneapolis, Dougherty Mortgage also has additional offices in California, Colorado, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymarkets.com