Greg Duvall, senior vice president and managing director of NorthMarq Capital’s Kansas City regional office, arranged refinancing of more than $252 million for a 12-property multifamily portfolio in the Kansas City and Dallas markets totaling 3,165-units.
The transaction was structured with a 15-year term (with 10-years interest only) on a 30-year amortization schedule.
NorthMarq provided the capital to Price Brothers, a company with which NorthMarq has worked for more than 30 years. Price Brothers is one of the largest owners of real estate in Kansas City.
