Colliers Mortgage Secures $9.9M Acquisition Loan for Multifamily Property in Evansville, Indiana

by Kristin Harlow

EVANSVILLE, IND. — Colliers Mortgage has secured a $9.9 million Fannie Mae loan for the acquisition of City Pointe Apartments and Townhomes in Evansville, a city in southern Indiana. Constructed in 1999, the property features 112 units spread across 23 buildings. The 10-year loan was arranged through a partnership with Old Capital Lending. The borrower was an entity doing business as CPE202 LLC.

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