196-unit Waterford Court sold196-unit Waterford Court soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=153122016-11-28T06:00:00Z2016-11-28T21:00:00Z

​ADDISON – ​​​Waterford Court LLC has purchased a 196-unit apartment community at ​14700​ Marsh Ln.

The complex, Waterford Court, has one-, two-, and three-bedroom layouts.

Dougherty Mortgage closed on a $26 million Fannie Mae acquisition loan on behalf of the borrower. The ten-year loan has five years of interest-only​ payments and a 30-year amortization schedule. 

Dallas-Fort Worth-Arlington
http://rebusinessonline.com/dougherty-mortgage-closes-26m-acquisition-loan-for-196-unit-multifamily-property-in-addison-texas/Read more at {Source}

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