Dougherty Mortgage Arranges $7.4M Acquisition Loan for 134-Unit Apartment Complex in Irving

by Taylor Williams

IRVING, TEXAS — Dougherty Mortgage LLC has arranged a $7.4 million Fannie Mae loan for the acquisition of Villa France Apartments, a 134-unit multifamily property located at 1831 W. Pioneer Drive in Irving. The 12-year loan features a 30-year amortization schedule and two years of interest-only payments. The loan was arranged on behalf of Legacy REI Group VF LLC through a partnership with Old Capital Lending.

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