114
EAGAN, MINN. — Dougherty Mortgage has arranged a $24 million Fannie Mae loan for the acquisition of Thomas Lake Pointe Apartments, a 216-unit market rate multifamily housing property located in Eagan. The 12-year loan features a 30-year amortization schedule. Dougherty’s Minneapolis office secured the loan for the borrower, Thomas Lake Pointe Apartments LLC. Thomas Lake Pointe Apartments includes one-, two- and three-bedroom floor plans. The property includes a lodge-style community center, 24-hour fitness center, poolside pub with billiards, and hot tub.