Centerline Capital Group has provided a $3.63 million Fannie Mae DUS Choice Loan to refinance a multi-family property in Cottage Grove, Minn.
Cottages of Cottage Grove is a 59-unit senior age-restricted, income-restricted community located at 8240 East Point Douglas Road South. The property was built in 1993, and consists of five one-story townhome buildings and 12 detached garages.
The neighborhood includes a mixture of residential and commercial properties.
