Finance W Minnesota

Dougherty Mortgage closes $12 million refinance loan for 168-unit property in Minnesota

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Dougherty Mortgage recently arranged a $12.2 million HUD 223(f) loan for the refinance of Walnut Trails Townhome Apartments, a 168-unit townhome rental property in Eagan, Minn.

Dougherty Mortgage recently arranged a $12.2 million HUD 223(f) loan for the refinance of Walnut Trails Townhome Apartments, a 168-unit townhome rental property in Eagan, Minn.

The property includes nine two- and three-story townhome-style residential buildings and one clubhouse building.