NorthMarq provides $19 million loan to fund acquisition of multi-family community in Kansas

January 18, 2013  |  Staff Writer  |  Print Article  |  Email this Article

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.

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