DALLAS, TX - Dougherty Mortgage LLC, a full service national mortgage banking firm, has arranged a $9 million Fannie Mae loan for the acquisition of Bristol Square, a 341-unit market rate multifamily housing property located in Dallas, Texas. The 10-year term, 1-year interest only, 30-year amortization loan was arranged by Dougherty’s Dallas, Texas office for borrower, McGuire Family Taraval Property LLC.
Property amenities include ceiling fans, oversized walk-in closets, exterior lockable storage units, washer and dryer connections, and sunrooms, patios and balconies in many selected units.
Dougherty Mortgage LLC is a full service 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 $3 billion of loans. Based in Minneapolis, Dougherty Mortgage also has additional offices in California, Colorado, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymarkets.com