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Dougherty Mortgage LLC closes $18M financing for Buffalo Creek Apartments in Indianapolis

Staff Writer March 26, 2017
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Dougherty Mortgage LLC recently closed an $18 million Fannie Mae loan for the refinance of Buffalo Creek Apartments, a 308-unit market rate multifamily apartment property located in Indianapolis.

The 7-year term, 30-year amortization, 1-year interest-only Fannie Mae loan went from application to commitment in three weeks, and was arranged through Dougherty’s Oak Brook, Illinois office for borrower Buffalo Creek Apartments, LLC.

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