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Dougherty Mortgage closes $18.8 million refinance loan for apartment community in Iowa

Staff Writer April 5, 2017
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Dougherty Mortgage has arranged an $18.8 million refinancing loan for the Mansions at Hemingway, a 184-unit market-rate multi-family housing complex located in Johnston, Iowa.

The 10-year term, 9.5-year yield-maintenance refinance loan was arranged for Mansions at Hemingway, LLC by Dougherty’s Addison, Texas, office.

The Mansions at Hemingway is a luxury apartment development, and ranks as one of the more popular apartment communities in the Des Moines area.

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