IllinoisFinance Dougherty Mortgage closes $1.3 million Fannie Mae loan for Minooka apartments January 25, 2019 Share on Facebook Share on Twitter Share on LinkedIn Share via email The Oak Brook, Illinois office of Dougherty Mortgage recently closed a $1.3 million Fannie Mae loan for the acquisition of Mondamin Apartments, a 28-unit market rate multifamily apartment property located in Minooka, Illinois. The property consists of four two-story apartment buildings constructed in two phases. The 407, 409 and 411 buildings were constructed in 1987 and the 405.5 building was constructed in 1989. The property also includes a single-story garage building. The loan was provided as an 80 percent acquisition loan with a 12-year term and 30-year amortization and was arranged for borrower Mondamin, LLC.