Northmarq’s Kansas City office has arranged a $52 million permanent loan to refinance Stonebriar Woods, a 476-unit multifamily community in Overland Park, Kansas.
The Freddie Mac loan was secured by Greg Duvall, managing director at Northmarq, on behalf of the borrower, Price Brothers, a Kansas City-based real estate investment and development firm.
Ideally situated just 19 miles south of downtown Kansas City, Stonebriar Woods offers a blend of suburban comfort and urban accessibility. The garden-style community features a mix of one-, two- and three-bedroom floorplans, each equipped with in-unit washers and dryers, private patios or balconies, and modern finishes.
Community amenities cater to a lifestyle-focused demographic, including a swimming pool, clubhouse, tennis court, 24-hour fitness center and ample green space. The property benefits from its proximity to top-rated schools, major employers, retail centers and entertainment venues.
