NorthMarq arranges financing for 300-unit building in Missouri
April 27, 2010 | Dan Rafter | Print Article | Email this Article
David Farrell, senior vice president and managing director of NorthMarq Capital’s Kansas City regional office, arranged first mortgage financing of $19.8 million for Schoettler Village, a 300-unit multi-family complex located in Chesterfield, Mo.
Financing was based on a 10-year term with a 30-year amortization schedule and was arranged for the borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.
Tags | Kansas City, Missouri, multi-family, NorthMarq
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