Dougherty Mortgage recently closed a Fannie Mae loan for the acquisition financing of Sedona Ranch, a 253-unit market rate multifamily apartment property located in Dallas, Texas. Property features include a playground, two swimming pools, picnic area and two laundry facilities. The 12-year term, 30-year amortization loan was arranged through a partnership with Old Capital Lending for borrower 2749 Sedona Ranch LLC.
