Finance i Ohio

Dougherty closes refinancing for trio of apartment communities in Cleveland

Dougherty Mortgage recently closed a Fannie Mae loan for the refinancing of the West 116th Portfolio, consisting of three market-rate multifamily apartment properties totaling 43 units in Cleveland, Ohio.

The 12-year term, 30-year amortization loan was arranged for borrower Orah Cleveland Homes, LLC through a partnership with Pinnacle Financial Group, Inc., a Marcus & Millichap company.