Colliers Mortgage Closes Fannie Mae Loan for DFW-Area Apartment Complex

The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a Fannie Mae loan for the acquisition financing of The Corners Apartments, an 85-unit market rate multifamily apartment property located in DeSota, Texas. The 12-year term, 30-year amortization loan utilized Green Rewards and was arranged through a partnership with Old Capital Lending. The property was built in 1984 and renovated in 2019.