HOUSTON, TX - The Minneapolis office of Dougherty Funding LLC has closed a $14.3 million acquisition loan for Quail Chase Apartments, a 248-unit multifamily affordable housing property located in Houston, Texas.
The property is approximately 18 miles north of Houston’s central business district and less than 10 miles west of George Bush International Airport.
The financing was arranged for Quail Chase Apartments, L.P. and Dougherty Funding serves as lead lender and servicer for the loan.
About Dougherty Funding: Since 1996 Dougherty Funding LLC has offered a broad range of commercial finance solutions to real estate developers and corporations nationwide. Dougherty Funding serves as the lead lender in their financing transactions and funds each financing by selling loan participations to an extensive network of banks and institutional lenders throughout the U.S.
For more information, please visit www.doughertymarkets.com
Ashcroft Capital Completes Acquisition of 300-Unit Birchstone Waterleigh Luxury Garden-Style Apartment Community in Orlando Metro Market
Capital Square Celebrates Grand Opening of 297-Unit Maeve Luxury Mixed-Use Tower in Downtown Raleigh Opportunity Zone
Wood Partners and ParkProperty Capital Breaks Ground on 336-Unit Multifamily Community in Fast Growing Greater Austin Submarket
Oxford Capital Group Announces Acquisition of Eleven Seniors Housing Communities Across Minneapolis and Northern Minnesota Markets
The latest multifamily industry news delivered to your inbox
WINTER GARDEN, FL - Ashcroft Capital, a fully integrated multifamily investment firm, announced its...
RALEIGH, NC - Capital Square, one of the nation's leading sponsors of tax-advantaged real estate...
AUSTIN, TX - National multifamily developer Wood Partners and its partner ParkProperty Capital...
CHICAGO, IL - Oxford Capital Group announced its acquisition of the Carefree Portfolio, eleven...
ATLANTA, GA - National multifamily developer Wood Partners expands its presence across the...
SEATTLE, WA - Security Properties in partnership with RGA ReCap Real Estate Investments on behalf...
RALEIGH, NC - ECI Group announced the acquisition of Ardmore at Flowers Apartments, an 11-building,...
PENSACOLA, FL - Thompson Thrift, a full-service nationally recognized real estate company and one...
The latest multifamily industry news delivered to your inbox.