Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City-based regional office, recently secured the $5 million refinance for Nantucket Square II Apartments, a 94-unit multi-family property in Texas.
The transaction was structured with a 10-year term and 30-year amortization scheduled.
NorthMarq arranged the financing for the borrower through its affiliate AmeriSphere Multifamily Finance, LLC, a Fannie Mae DUS lender.