Rutland Place Apartments Macon

Dougherty Arranges $9.6M Fannie Mae Loan for Apartment Community in Macon

by John Nelson

MACON, GA. — Dougherty Mortgage LLC has closed a $9.6 million Fannie Mae loan for the refinancing of Rutland Place Apartments, a 228-unit multifamily property located in Macon. The apartment community features one-, two- and three-bedroom floorplans, as well as a fitness center, two swimming pools, onsite laundry facility and a clubhouse. Dougherty’s Nashville office arranged the 10-year loan with a 30-year amortization schedule on behalf of the borrower, Rutland Apartments LLC.

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