Rosemount Senior Living Receives $13.7M Loan to Refinance 92-Unit Property in Minnesota

ROSEMOUNT, Minn. — Dougherty Mortgage LLC has provided a $13.7 million Fannie Mae loan for the refinancing of The Rosemount Senior Living at Steeple Center in Rosemount, about 25 miles south of Minneapolis.

The 92-unit property offers independent living, assisted living and memory care.

Dougherty’s Minneapolis office originated the 12-year loan, which features a 30-year amortization schedule. Rosemount Senior Living Associates I LLC was the borrower.

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