Dougherty Mortgage recently closed a $12.2 million Fannie Mae loan for the refinancing of Park View Villas, a 107-unit market rate multifamily Senior Independent/Assisted Living property located in Port Angeles, Washington. The Property includes a one-story main building, two 3-story residential buildings (87 units), five cottages (20 units) and eight garage buildings. The 7-year term loan was arranged for borrower Park View Lane Investors, LLC.
