GLENDALE, CO - Dougherty Mortgage, a full service national mortgage banking firm, recently closed a $1.8 million Fannie Mae Supplemental loan for The Phenix at Infinity Park I, a 55-unit market rate multifamily apartment property located in Glendale, Colorado.
The newly updated property includes a completely rebuilt courtyard with a fountain, pavers, professionally landscaped planter beds, a built-in grill area, and a large shaded pergola with seating. Redesigned apartments feature new floors, ceilings, cabinets, appliances, custom tile work, and high-end lighting and plumbing fixtures.
The 5.17-year term, 30-year amortization Fannie Mae Supplemental loan was arranged through Dougherty’s Minneapolis office for borrower E/L I, LLC.
About Dougherty Mortgage: 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 $4 billion of loans. Based in Minneapolis, Dougherty Mortgage also has offices in Colorado, Illinois, Tennessee, Texas and Virginia.
For more information, please visit www.doughertymortgage.com