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MEMPHIS, TENN. — Colliers Mortgage has provided a $9.5 million Fannie Mae loan for the acquisition of Oak Grove Flats, a 163-unit garden-style asset located at 595 Cadraca Drive in Memphis. Randy Engel of Colliers Mortgage’s Memphis office originated the agency loan on behalf of the borrower, an undisclosed sponsor that is a repeat client of Colliers Mortgage. The community offers one-, two- and three-bedroom floor plans, as well as on-site laundry facilities and a grilling area, according to Apartments.com.