MINNEAPOLIS, MN - The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a Fannie Mae loan for the acquisition financing of Courtyards of Roses Apartment Homes, a 224-unit market rate multifamily property located in Irving, Texas.
The property was constructed in 1972 and renovated from 2015 – 2019 and includes 17 two-story apartment buildings and a single-story clubhouse.
The 10-year term/30-year amortization Fannie Mae loan utilized Green Financing and was arranged through a partnership with Old Capital Lending, for borrower MM Courtyards LLC.
About Colliers Mortgage: Colliers Mortgage, part of Colliers International, is a full-service, nationwide mortgage banking firm, approved FHA MAP and LEAN lender and a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, specializing in providing access to federal agency loan programs for the acquisition, refinance, construction or rehabilitation for a multitude of property typ