MINNEAPOLIS, MN - Fritz Waldvogel out of the Colliers Mortgage Dallas, Texas office has closed a Fannie Mae loan for a repeat client for the refinance of Flats at Van Alstyne located in Van Alstyne, Texas.
Community amenities at the pet-friendly property feature a resort style pool with a covered pavilion and shaded sitting areas, fitness center, resident lounge with billiards, and covered parking and garages.
The loan, arranged through a partnership with Old Capital Lending, carries a 5-year term and was arranged for borrower, MPT Texas 9, LLC.
About Colliers Mortgage: Colliers Mortgage is distinctively positioned to help meet our clients’ financing, funding and capitalization needs for the acquisition, refinance, construction, rehabilitation, equity bridge and permanent debt for a multitude of property types nationwide. Our professionals work collaboratively to analyze and uncover the best options available for each client’s unique needs, by offering access to federal agency loan programs, commercial finance solutions, and in identifying capital sources for capitalization requirements. We also service all loans we originate and are currently servicing more than $10.0 billion in loans.
About Colliers: Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.