MINNEAPOLIS, MN - The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a $2.1 million Fannie Mae loan for the acquisition financing of Harvard House Apartments located in San Angelo, Texas.
The property was constructed in 1965 and includes 52 units located in 9 two-story buildings as well as a clubhouse, laundry facility, and swimming pool.
The 10-year term, 30-year amortization Fannie Mae loan was arranged for borrower Harvard House Apartments, LLC.
About 3CM Multifamily: 3CM Multifamily is a San Antonio based, vertically integrated, private equity real estate company focused on acquiring, repositioning, and operating value-add multifamily properties in select high growth US markets. John Bollinger, CEO of 3CM Multifamily has developed a corporate culture which strongly believes in providing a high-quality product. 3CM Multifamily currently owns and operates a portfolio of Class A & B assets in the South-Central Texas area.
MINNEAPOLIS, MN - The Minneapolis office of Colliers Mortgage, part of Colliers International | U.S., recently closed a $6 million Fannie Mae loan for the acquisition financing of Bent Tree Apartments located in Big Spring, Texas.
The Property was constructed in 1984 and includes 90 units located in 8 two-story buildings with a 24-hour courtesy patrol, covered parking, on-site maintenance, and swimming pool.
The 10-year term, 30-year amortization Fannie Mae loan was arranged for borrower.