Dougherty Mortgage Closes $7.7 Million Fannie Mae Loan for 100-Unit Hollyhills Apartment Community in Denton, Texas

MINNEAPOLIS, MN - Dougherty Mortgage recently closed a $7.7 million Fannie Mae loan for the refinancing of Hollyhills, a 100-unit market rate multifamily apartment property located in Denton, Texas.  Amenities at the pet-friendly property include a dog park, pool, grilling area and covered parking. 

The 12-year term, 30-year amortization loan was arranged for borrower Holly Hills 76205, LLC.

Dougherty Mortgage LLC is a full-service, nationwide mortgage banking firm, an approved FHA MAP and LEAN lender, as well as a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, offering a variety of loan products for the acquisition, refinance, construction or rehabilitation of various property types. 

In addition, Dougherty Mortgage LLC provides loan servicing on their mortgages and is an approved Ginnie Mae seller/servicer, currently servicing in excess of $7.1 billion of loans.  Dougherty Mortgage LLC has also been awarded designation as a lender/partner with USDA under the Community Facilities Guaranteed Loan Program.  

Based in Minneapolis, Dougherty Mortgage also has offices in Colorado, Georgia, Illinois, Mississippi, Tennessee and Texas.

For more information, please visit www.doughertymortgage.com

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