NorthMarq’s Kansas City and Chicago offices arranged the sale and financing of the 254-unit Country Club on 6th and 148-unit Eagle Ridge Apartments in Lawrence, Kansas.
The combined $25 million-plus in volume represents the buyer’s first acquisitions into the collegiate town just outside of Kansas City.
NorthMarq’s Kansas City Investment Sales team of Jeff Lamott, managing director and Gabe Tovar, associate vice president, represented the sellers on both transactions. Brett Hood with NorthMarq’s Chicago debt/equity team arranged the financing on behalf of the buyer.