COLUMBUS, OH - Dougherty Mortgage LLC, a full service national mortgage banking firm, recently closed an $11 million Fannie Mae loan for the acquisition financing of Parkview Apartments, a 216-unit market rate multifamily apartment property located minutes from Interstates 70 and 270 in Columbus, Ohio. Each apartment features walk-in closets, extra storage, fully equipped kitchens and washer and dryer connections.
The 10-year term, 30-year amortization loan was arranged for borrower Wolfe Diamond Loch, LLC through a partnership with Old Capital Lending and Dougherty’s Minneapolis, Minnesota office.
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 offices in California, Colorado, Illinois, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymortgage.com