MACON, GA - Dougherty Mortgage LLC, a full service national mortgage banking firm, recently closed a $9.6 million Fannie Mae loan for the refinance of Rutland Place Apartments, a 228-unit market rate multifamily apartment property located in Macon, Georgia. The 10-year term, 30-year amortization loan was arranged for Rutland Apartments, LLC by Dougherty’s Nashville, Tennessee office.
Located in the historic heartland of Macon, Rutland Place Apartments offers one, two and three bedroom apartment homes. The pet friendly property features a fitness center, two swimming pools, onsite laundry facility, and clubhouse and is located nearby a dog park, walking trails, parks, and casual and gourmet eateries.
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 $3.5 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