Greg Duvall, senior vice president and managing director of NorthMarq’s Kansas City regional office, recently arranged acquisition financing of $19.66 million for Park Edge Apartments, a 260-unit multi-family community in Lenexa, Kansas.
Financing was based on a 10-year term and a 30-year amortization schedule. NorthMarq arranged this financing through its seller-servicer relationship with Freddie Mac.