Dougherty Mortgage Closes $6.9M Fannie Mae Loan for Emerald Village Apartment Homes in San Antonio

by Katie Sloan

SAN ANTONIO, TEXAS — Dougherty Mortgage LLC has closed a $6.9 million Fannie Mae loan for the refinancing of Emerald Village Apartment Homes, a 144-unit affordable housing community located in San Antonio. The property offers one-, two-, three- and four-bedroom units with walk-in closets and covered patios or balconies. Community amenities include a 24-hour fitness center, a community room, an outdoor playground, controlled access and a pool with a sundeck. Arranged through Dougherty’s Minneapolis office, the loan features a 15-year term and a 30-year amortization schedule.

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