Dougherty Mortgage LLC recently closed a $9.8 million HUD 213 loan for the construction of Vintage Cooperative of Coralville, a 59-unit market rate seniors cooperative located in Coralville, Iowa.
Amenities include 9-foot ceilings, outdoor deck or patio, large walk-in closets and pantry in kitchen. Common areas feature a fitness center, workshop, garden plots, cafe and club room.
The 40-year term HUD 213 loan was arranged for borrower, Vintage Cooperative of Coralville, through Dougherty’s Minneapolis office.
