DOUGHERTY CLOSES $2.6M REFINANCING LOAN FOR JACKSON APARTMENTS

JACKSON, MISS. — Dougherty Mortgage LLC has closed a $2.6 million Fannie Mae loan for the refinancing of Southbrook Gardens Apartments, a 100-unit affordable housing community in Jackson. Dougherty Mortgage’s Austin, Texas, office arranged the 10-year loan on behalf of the borrower, Daniel Lake Partners LP.