REBusinessOnline

Dougherty Mortgage Provides $2.3M Refinancing for Multifamily Building in Wichita

Player Piano Lofts features 36 units and 3,120 square feet of commercial space.

WICHITA, KAN. — Dougherty Mortgage has provided a $2.3 million Fannie Mae loan for the refinancing of Player Piano Lofts in Wichita. The 36-unit, market-rate multifamily building was originally constructed in 1901 and later renovated for residential and commercial use in 2015. The loan features a 12-year term and a 30-year amortization schedule. Player Piano Building LLC was the borrower.

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