Dougherty Mortgage LLC recently closed a $6.3 million Fannie Mae loan for the refinance of Legacy Village at Notre Dame, a 14-unit market-rate student-housing property in South Bend, Indiana.
The Fannie Mae 12-year-term loan has a 30-year amortization schedule, and was arranged through a partnership with Old Capital Lending and Dougherty’s Minneapolis and Vienna, Virginia, offices for borrower RWD Campus Developments, LLC.
