The Minneapolis office of Colliers Mortgage closed a Fannie Mae loan for the acquisition financing of Brookefield Apartment Homes, a 91-unit market rate multifamily property in Elizabethtown, Kentucky.
The pet-friendly property is located minutes from restaurants, shopping, entertainment and Freeman Lake and Nature Park. Property features include attached garages, 24-hour emergency maintenance, clubhouse, pool, fitness center, dog park and pet wash station.
The loan carries a 10-year term and 30-year amortization and was arranged through a partnership with Old Capital Lending for BFA202, LLC.