Finance b N Dakota

Dougherty Funding closes $25 million loan for commercial properties in North Dakota, South Dakota

Dougherty Funding closes $25 million loan for ND and SD portfolio,ph01

The Minneapolis office of Dougherty Funding has closed a $25.225 million loan to refinance a portfolio of five commercial properties in Fargo and Grand Forks, North Dakota, and Sioux Falls, South Dakota.

The five properties in the portfolio total more than 222,000 square feet.

Dougherty Funding is serving as the lead leander and servicer for the loan.