DOUGHERTY MORTGAGE CLOSES $13.2M LOAN FOR WELLINGTON RIDGE

by admin June 13, 2014

June 13, 2014

COVINGTON, GA. — Dougherty Mortgage LLC has originated a $13.2 million HUD 223(f) loan to refinance Wellington Ridge, a 220-unit apartment community in Covington. Dougherty’s Minneapolis office arranged the 35-year loan with a 35-year amortization schedule on behalf of the borrower, Lochridge Newton LP.

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DOUGHERTY MORTGAGE CLOSES $13.2M LOAN FOR WELLINGTON RIDGE

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