DOUGHERTY MORTGAGE ARRANGES $9.2M REFINANCE LOAN FOR OHIO APARTMENTS

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EUCLID, OHIO — Dougherty Mortgage LLC has arranged a $9.2 million loan for the refinance of a 738-unit affordable housing property in Euclid, a suburb of Cleveland. Euclid Apartments is located at 27181 Euclid Ave. Dougherty originated the 13-year term, 12.5-year yield maintenance loan for Euclid Leased Housing Associates I LP.

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