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.