MINNEAPOLIS, MN - Fritz Waldvogel of Colliers Mortgage closed a Fannie Mae loan for the acquisition of Landen Apartment Homes in Irving, Texas. The 134-unit market-rate multifamily property includes four two-story garden style buildings with property amenities featuring a swimming Pool, laundry facilities, on-site property manager, grill, and picnic area.
The loan carries a 60-month term and was arranged through a partnership with Old Capital Lending for a repeat client, NH Investments LAH 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 commercial property types nationwide. Our professionals work collaboratively to provide solutions that best fit each client’s unique needs, offering access to federal agency loan programs, commercial finance solutions, and identifying capital sources for capitalization requirements. We also service all loans we originate and are currently servicing more than $14.0 billion of loans.
About Colliers: Colliers 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 29 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.3 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, X @Colliers or LinkedIn.