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MINNEAPOLIS — Dougherty Mortgage has arranged a $3.1 million Fannie Mae loan for the acquisition of Crest Oak Apartments, a 60-unit multifamily affordable housing property located in Coon Rapids. The 12-year loan includes a 30-year amortization schedule. Dougherty’s Minneapolis office arranged the loan for the borrower, Crest Oaks LLC. Crest Oak Apartments is nestled in a woodland setting, located within blocks of the Coon Rapids dam, parks and Mississippi trails.