October 21, 2014

NorthMarq Capital arranges $7.4 million for Forest Park Apartments in Kansas City, Missouri

Forest Park Apts

Debt & Equity

Multi-Tenant

KANSAS CITY (October 6, 2014) – Greg Duvall, senior vice president/managing director and Brent Blake, senior vice president of NorthMarq Capital’s Kansas City based regional office negotiated the $7.4 million refinance of Forest Park Apartments, a 198-unit multifamily property located at 4623 Northeast Winn Road in Kansas City, Missouri. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Seller-Servicer relationship with Freddie Mac.

Available Multifamily properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.