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MINNEAPOLIS, MN - Fritz Waldvogel of the Minneapolis office of Colliers Mortgage closed a $9.9 million Fannie Mae loan for a repeat client for the acquisition financing of City Pointe Apartments and Townhomes in Evansville, Indiana. The 112-unit market rate multifamily apartment property was constructed in 1999 and includes 23 two-story townhouse-style buildings in a gated community with off-street parking in a convenient downtown location. The loan carries a 10-year term and was arranged.

United statesFritz waldvogelGinnie maeFannie maeCommunity facilities guaranteed loan programColliers mortgageCity pointe apartmentsOld capital lendingFannie mae delegated underwritingCommunity facilities guaranteed loanFannie maeCity pointe