111
IRVING, TEXAS — Dougherty Mortgage LLC has secured a $1.7 million Fannie Mae loan for Stonehill Terrace Apartments, a 301-unit market rate multifamily apartment property located in Irving. Property features include a clubhouse, pool, playground and laundry facilities. Apartment amenities include a dishwasher, air conditioner, hardwood floors, large closets and a patio or balcony. Dougherty’s Minneapolis office arranged the 8.3-year loan with a 30-year amortization schedule for the borrower, Urban Stonehill Apartments LP.