The Ridgeland, Mississippi office of Dougherty Mortgage recently closed a $20.7 million Fannie Mae loan for the refinancing of The Plantation Apartment Homes, a 336-unit market rate multifamily apartment property located in Olive Branch, Mississippi. The pet-friendly property features a stocked fishing lake, swimming pool, fitness facility, tennis courts, playground, two clubhouse buildings and laundry facilities. The 12-year term, 30-year amortization loan was arranged for borrower Plantation Apartment Group, L.P.
