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NorthMarq arranges $15 million mortgage refinancing for multi-family community in Kansas

Staff Writer April 5, 2017
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Brent Blake, vice president of NorthMarq’s Kansas City regional office, arranged first mortgage refinancing of $15.5 million for Fox Run Apartments, a 515-unit market-rate multi-family community in Shawnee, Kan.

Financing was based on a 10-year term and a 30-year amortization schedule.

NorthMarq arranged the financing for the borrower, Fox Run Apartments, LLC, through its affiliate AmeriSphere Multifamily Finance, LLC.

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