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Colliers Mortgage Closes $49 Million Fannie Mae | MultifamilyBiz.com

MINNEAPOLIS, MN - Fritz Waldvogel of the Dallas office of Colliers Mortgage closed a $49,000,000 Fannie Mae loan for the refinance of Ascent North Apartments in Austin, Texas.
The 460-unit market-rate multifamily property is located in the most desirable area of North Austin near Tech Ridge, with convenient access to shopping, top work locations and beautiful parks. The Property offers newly renovated 1-, 2- and 3-bedroom homes with stainless steel and energy-efficient appliances.
The loan...

Texas , United-states , Dallas , Fritz-waldvogel , Colliers-mortgage-agency , Fannie-mae , Colliers-mortgage , Ascent-north-apartments , North-austin , Tech-ridge , Agency-finance , Commercial-finance

Colliers Mortgage Closes $3.24 Million in HUD | MultifamilyBiz.com

MINNEAPOLIS, MN - Frank Hogan of the Minneapolis office of Colliers Mortgage closed a $3.24 million HUD loan for the 223(f) refinance of Ewing Square Townhomes in Brooklyn Center, Minnesota. The 23-unit affordable property features three- and four-bedroom townhome units all covered by a Project-Based Section 8 HAP Contract.
Project amenities include a playground and clubhouse/leasing office with a business center.
The loan carries a 35-year term/amortization and was arranged for borrower,...

Brooklyn-center , Minnesota , United-states , Ewing-square-townhomes , Frank-hogan , Colliers-mortgage-agency , Vitus-group , Linkedin , Twitter , Colliers-mortgage , Project-based-section , Ewing-square-acquisition-partners

Colliers Mortgage Closes $26.7M Fannie Mae Loan | MultifamilyBiz.com

MINNEAPOLIS, MN - The Colliers Mortgage Minneapolis team of Tony Carlson and Ben Fazendin have closed a $26,661,000 Fannie Mae loan for the refinancing of Montreal Courts Apartments located in Little Canada, Minnesota.
Features at the 444-unit market rate property include a pool, fitness center, community room, playground, and laundry facilities.
The 10-year loan was arranged for an undisclosed repeat client.
About Colliers Mortgage (Agency Finance and Commercial Finance): Colliers...

Montreal , Quebec , Canada , Minneapolis , Minnesota , United-states , Colliers , Newfoundland , Little-canada , Ben-fazendin , Tony-carlson , Colliers-mortgage-agency

Colliers Mortgage Atlanta Office Closes Fannie | MultifamilyBiz.com

MINNEAPOLIS, MN - Zach Shope of the Colliers Mortgage Atlanta office recently closed an acquisition transaction on a two-property market rate multifamily portfolio in Chattanooga, Tennessee that included an assumption of an existing Fanne Mae first mortgage loan and an additional supplemental loan.
The portfolio includes Richwood Townhomes, built in 1968 with 24 units located throughout four 2-story residential buildings, and Seminole Pathe, built in 1925 with 32 units located in one 3-story...

Chattanooga , Tennessee , United-states , Seminole-pathe , Zach-shope , Fanne-mae , Richwood-townhomes , Linkedin , Twitter , Colliers-mortgage-agency , Colliers-mortgage-atlanta , Fannie-mae-supplemental

Colliers Mortgage Closes $13.3 Million Fannie | MultifamilyBiz.com

MINNEAPOLIS, MN - The Phoenix team of Colliers Mortgage, led by Luke Donahue, recently funded a Fannie Mae $13,361,000 conventional loan for the refinancing of Arcadia Pointe Apartments located in Las Vegas, Nevada. Current amenities for the property include an outdoor clubhouse, resort style pool and spa, fitness center and game room.
The fixed rate 10-year full-term interest only non-recourse loan was arranged for repeat clients CALCAP Real Estate Advisors. The cash out refinance loan...

Nevada , United-states , Phoenix , Arizona , Luke-donahue , Las-vegas , Colliers-mortgage-agency , Linkedin , Fannie-mae , Twitter , Colliers-mortgage , Arcadia-pointe-apartments

Colliers Mortgage Closes $11 Million Fannie Mae | MultifamilyBiz.com

MINNEAPOLIS, MN - Adrian Hartman of the Colliers Mortgage St. Louis office recently closed an $11,054,000 Fannie Mae loan for the refinancing of Hummingbird Heights located in Union, Missouri for borrower Hummingbird Heights LLC. The 108-unit market rate multifamily property spans 21 garden style apartment buildings, managed by ELS Properties, LLC.
The refinance enabled ownership to recoup a portion of equity deployed during development, reposition conventional debt to non-recourse freeing up...

Missouri , United-states , Adrian-hartman , Fannie-mae , Colliers-mortgage-agency , Twitter , Hummingbird-heights , Linkedin , Colliers-mortgage , Agency-finance , Commercial-finance , Colliers

Colliers Mortgage Closes $8 Million Fannie Mae | MultifamilyBiz.com

MINNEAPOLIS, MN - Zach Shope of the Colliers Mortgage Atlanta office recently closed an $8,020,000 Fannie Mae loan for the refinancing of Skylar Pointe Apartment Homes located in Warner Robins, Georgia.
Amenities at the 112-unit market rate property include a clubhouse, swimming pool, playground, picnic areas, and laundry facility.
The 7-year term loan features a 30-year amortization and was arranged for repeat borrower ATL21WR Owner LLC.
About Colliers Mortgage (Agency Finance and...

Warner-robins , Georgia , United-states , Atlanta , Zach-shope , Wr-owner , Twitter , Colliers-mortgage-agency , Linkedin , Fannie-mae , Colliers-mortgage-atlanta , Skylar-pointe-apartment-homes

Colliers Closes $16.5 Million in Fannie Mae Financing for 164-Unit The Chandler Apartment Community Located in Grand Prairie, Texas

MINNEAPOLIS, MN - The Colliers Dallas debt and structured finance team of Robert Siddall, William Givens, Shawn Givens, and Ken Higgins closed a $16.5 million Fannie Mae loan for the acquisition financing of The Chandler in Grand Prairie, Texas with their long-term client David Lilley and Reap Capital LLC.
The market-rate property features 164 units. The loan was arranged through Colliers Mortgage and carries a 5-year term and 35-year amortization.
About Colliers Mortgage (Agency Finance and...

Dallas , Texas , United-states , Grand-prairie , David-lilley , Ken-higgins , Robert-siddall , Twitter , Fannie-mae , Linkedin , Reap-capital , Colliers-mortgage-agency

Colliers Mortgage Secures $4.9 Million in Fannie Mae Financing for 69-Unit Riverwood Apartment Community in Pleasant Hill, Iowa

MINNEAPOLIS, MN - The Colliers Mortgage Minneapolis team of Brett Olson and Matt Halberg have closed a $4.9 million Fannie Mae loan for the acquisition financing of Riverwood Apartments in Pleasant Hill, Iowa.
The 69-unit market rate multifamily property features one-, two-, and three-bedroom options, in-unit washer and dryer, private patios/balconies, gated/controlled access, and detached garages.
The loan was arranged for a repeat client and carries a 10-year term with full-term interest...

Iowa , United-states , Matt-halberg , Brett-olson , Twitter , Colliers-mortgage-agency , Fannie-mae , Linkedin , Colliers-mortgage-minneapolis , Riverwood-apartments , Pleasant-hill , Colliers-mortgage

Colliers Mortgage Closes $18.3 Million HUD Substantial Rehabilitation Loan for Sherman Forbes Housing Community in Minnesota

MINNEAPOLIS, MN - The Minneapolis office of Colliers Mortgage closed a $18.3 million HUD 221(d)(4) loan for the substantial rehabilitation of Sherman Forbes Housing in St. Paul, Minnesota. The 104-unit, Section 8 multifamily property features one-bedroom and two-bedroom apartment units.
Project amenities include on-site laundry, off-street parking, community playground, community patio, and a leasing office.
In addition to the HUD-insured first mortgage, the project will utilize 4% Low Income...

Minnesota , United-states , Colliers-securities , Colliers-mortgage , Colliers-mortgage-agency , Bonds , Sherman-forbes-housing-partners , Linkedin , Vitus-group , Sherman-forbes-housing , Low-income-housing-tax-credits