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MissouriCRE

Kansas City office of NorthMarq Capital closes $19 million refinance of multi-family property

Staff Writer April 4, 2017
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Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City regional office, recently completed a $19.95 million refinance of Grand Villas at Tuscan Lakes in Texas.

Grand Villas is a 206-unit multi-family property.

The transaction was structured with a 10-year term with five years interest-only followed by a 30-year amortization schedule.

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