Monday, February 22, 2016

Dougherty Mortgage Closes $3.5M Loan for Carpenters Cove Apartments

Carpenters Cove Apartments is a 164-unit multifamily property in Dallas.

DALLAS — Dougherty Mortgage LLC has closed a $3.5 million Fannie Mae loan for the refinancing of Carpenters Cove Apartments, a 164-unit, market-rate multifamily apartment property located in Dallas.

Property amenities include laundry facilities and a children’s playground. Dougherty’s Vienna, Va., office arranged the 10-year loan with a 30-year amortization schedule on behalf of the borrower, Dallas Carpenters Cover Apartments Ltd.

By Texas Real Estate Business