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MissouriCRE

NorthMarq’s Kansas City office closes $29 million worth of multi-family loans

Staff Writer April 5, 2017
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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.

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