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TexasFinanceMultifamily

Colliers Mortgage closes $4.5 million Fannie Mae loan for San Angelo asset

October 5, 2020
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The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a $4.5 million Fannie Mae loan for the acquisition financing of Cielo Vista, a 72-unit, market rate multifamily apartment property located in San Angelo, Texas. 

The 10-year term, 30-year amortization loan was arranged through a partnership with Old Capital Lending for Cielo Vista 360, LLC. Constructed in 1968, amenities at the pet-friendly property include a swimming pool, barbecue pavilion with outdoor kitchen, fitness center, laundry center and off-leash bark park.

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Colliers InternationalColliers MortgageSan Angelo
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