Dougherty Mortgage Closes $9.5M Fannie Mae Loan for Tuscano Village Apartments in Arizona

GLENDALE, ARIZ. — Dougherty Mortgage has closed a $9.5 million Fannie Mae loan for the acquisition of Tuscano Village Apartments. The borrower is 6816 W. Bethany Home Rd PCPRE LLC, through a partnership with Pinnacle Financial Group, a Marcus & Millichap company.

Located in Glendale, Tuscano Village Apartments features 119 market-rate apartment units.