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LUBBOCK, TEXAS — The Dallas office of Holliday Fenoglio Fowler (HFF) has arranged a $9.9 million loan for the refinancing of Sagewood Apartments, a 355-unit multifamily community located in Lubbock. Constructed in 1984 and expanded in 1998, the property is situated at 5917 67th St. Occupancy was 90 percent at the time of closing. The loan, which was procured through Freddie Mac, carries a 10-year term and a 5.79 percent, fixed interest rate. Mona Carlton of HFF arranged the financing through the buyer, McDougal Cos.