384-unit multifamily trades hands in Lancaster

​​​LANCASTER – Rolling Hills Apartment Homes, a 384-unit multifamily community at 500 Rolling Hills Pl., has been sold.

The property features a dog park, playground, clubroom, fitness center, and pool.

Dougherty Mortgage arranged a 12-year term, 30-year amortization Fannie Mae loan through a partnership with Old Capital Lending for borrower RHP202 LLC.