Colliers Mortgage Nashville Office closes $ 8.9 million loan to Fannie Mae for Parkview Flats apartments in Murfreesboro, Tennessee

MINNEAPOLIS, MN – The Nashville office of Colliers Mortgage, part of Colliers International | US, recently completed an $ 8.9 million Fannie Mae loan to refinance Parkview Flats Apartment Homes, a 124-unit multi-family building at market rate located in Murfreesboro, Tennessee.

The property was built in 1973 and comprises 9 two-story garden-style buildings, a swimming pool, dog park, outdoor fitness center and sports field, barbecue and picnic area, a business center, laundry facilities and on-site management.

The 10-year and 30-year amortization loan has been arranged for the borrower, Bradyville, LLC.

About Mortgage Collars: Colliers Mortgage, part of Colliers International, is a national full-service mortgage bank, FHA MAP and LEAN approved lender, and Fannie Mae Delegated Underwriting and Servicing (DUS®) lender, specializing in accessing loan programs for federal agencies for the acquisition, refinancing, construction or rehabilitation of a multitude of types of properties. Colliers Mortgage also holds the USDA Lender / Partner designation under the Secured Loans for Community Facilities program. Additionally, as Ginnie Mae’s Authorized Seller / Repairer, they service loans for their mortgages and currently manage over $ 10.0 billion in loans.

About Colliers International Group Inc. Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our more than 15,000 enterprising professionals work together to provide expert advice to occupants, owners and real estate investors. For more than 26 years, our experienced leadership with significant insider participation has generated annual compound returns of almost 20% for shareholders. With annualized revenues of $ 3.6 billion ($ 4.0 billion including affiliates) and $ 46 billion in assets under management, we maximize the potential of ownership and accelerate the success of our clients and of our employees.

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