Greg Duvall, senior vice president and managing director of NorthMarq’s Kansas City regional office, recently arranged $29 million in financing for two multi-family properties.
Columns at Cabana West is a 268-unit market-rate multi-family property in Panama City, Fla.
Waterford Place Apartments is a 192-unit market-rate multi-family property in Overland Park, Kansas. Refinancing was based on a 20-year term and a 20-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a correspondent life company lender.