Finance W Minnesota

Dougherty Mortgage provides $10 million of financing for 135-unit apartment complex in Minnesota

heritage-hills

Dougherty Mortgage has originated a $10 million HUD 223(f) refinance loan for Heritage Hills Apartments, a 135-unit market-rate multi-family property consisting of two apartment buildings in Bloomington, Minn.

Dougherty Mortgage has originated a $10 million HUD 223(f) refinance loan for Heritage Hills Apartments, a 135-unit market-rate multi-family property consisting of two apartment buildings in Bloomington, Minn.

The 35-year term, 35-year amortization loan was arranged by Dougherty's Minneapolis office for Heritage/France Avenue Apartments, LLP.