Northmarq secures $44 million construction loan for 23rd & Swift in Kansas City, Missouri

23rd & Swift
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ST. LOUIS, MISSOURI (February 17, 2022) – David Garfinkel, managing director of NorthMarq’s St. Louis office completed a $44 million construction loan for 23rd & Swift. The 294-unit multifamily property will be located at 2300 Swift Street in Kansas City, Missouri. The transaction was structured with a 5-year term. NorthMarq arranged financing for the borrower through its relationship with a regional bank. 

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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