Dougherty Mortgage recently closed a $6.9 million Fannie Mae loan for the refinancing of Windcrest Village, an 87-unit market rate multifamily apartment property in Spencer, Iowa.
Windcrest Village property amenities include laundry facilities, fitness center, security system, balconies or patios and children’s playground.
The 12-year term, 30-year amortization loan was arranged for borrower Windcrest Village, LLC.
