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Dougherty Arranges Acquisition Financing for 384-Unit Multifamily Asset in Metro Dallas

Rolling-Hills-Apartments-Lancaster-Texas

Rolling Hills Apartments in Lancaster totals 384 units.

LANCASTER, TEXAS — Dougherty Mortgage LLC has arranged an undisclosed amount of Fannie Mae acquisition financing for Rolling Hills Apartment Homes, a 384-unit asset located in the southern Dallas suburb of Lancaster. The property features a dog park, fitness center, pool and a playground. Dougherty arranged the 12-year loan, which carried a 30-year amortization schedule, through a partnership with Old Capital Lending on behalf of the borrower, RHP202 LLC.

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