REBusinessOnline

Dougherty Arranges Acquisition Financing for 208-Unit Apartment Community in Dallas

Northhaven-Terrace-Dallas

Northhaven Terrace in Dallas totals 208 units.

DALLAS — Minneapolis-based Dougherty Mortgage LLC has arranged an undisclosed amount of Fannie Mae acquisition financing for Northhaven Terrace, a 208-unit multifamily community in Dallas. The property was built in 1968 and consists of 26 two-story buildings and a leasing office. Dougherty arranged the funds through a partnership with Old Capital Lending on behalf of un undisclosed limited liability company.

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