Finance W Minnesota

Minneapolis' Dougherty Mortgage closes refinance loan for 208-unit apartment complex

merritt

Minneapolis-based Dougherty Mortgage LLC recently closed a $7.7 million Fannie Mae loan for the refinance of Merritt Legacy Apartments in Leander, Texas.

Minneapolis-based Dougherty Mortgage LLC recently closed a $7.7 million Fannie Mae loan for the refinance of Merritt Legacy Apartments in Leander, Texas.

Merritt Legacy Apartments includes 208 units.

The 15-year term, 35-year amortization loan was arranged by Dougherty's Dallas office.