FOR IMMEDIATE RELEASE

Contact: Michele White
Phone: (612) 376-4000
mwhite@doughertymarkets.com

MINNEAPOLIS, Minn.  – March 6, 2020 – Dougherty Mortgage recently closed a Fannie Mae loan for the refinancing of Amber Vista Apartment Homes, an 88-unit market-rate multifamily apartment property located in Plano, Texas.  Amenities at the newly renovated, pet-friendly property include a barbecue and picnic area, playground and on-site laundry facility.  The 12-year term, 30-year amortization loan was arranged through a partnership with Old Capital Lending for borrower DCP 1901 East 15th Street, LLC.

About Dougherty Mortgage

Dougherty Mortgage LLC is a full-service, nationwide 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 $7.1 billion of loans.  Dougherty Mortgage LLC has also been awarded designation as a lender/partner with USDA under the Community Facilities Guaranteed Loan Program.  Based in Minneapolis, Dougherty Mortgage also has offices in Colorado, Georgia, Illinois, Mississippi, Tennessee, and Texas. For more information, please visit www.doughertymortgage.com.