Dougherty Mortgage Provides $22.8M Fannie Mae Loan for Multifamily Property in Little Rock

LITTLE ROCK, ARK. — Dougherty Mortgage LLC has provided a $22.8 million Fannie Mae refinancing loan to Bowman Pointe LLC for Phase II of Bowman Pointe in Little Rock. The second phase of Bowman Pointe will comprise 202 units. The loan features a 10-year term and a 30-year amortization. The borrower plans to build Bowman Pointe in three separate phases.