NorthMarq Capital’s Kansas City office arranges acquisition financing of $24.5 million for Arbors at Natchez Trace in Ridgeland, Mississippi
Arbors at Natchez Trace
KANSAS CITY (October 30, 2015) – Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City based regional office arranged acquisition financing of $24.5 million for Arbors at Natchez Trace, a 328-unit multifamily property located at 715 Rice Road in Ridgeland, Mississippi. NorthMarq arranged financing for the borrower through its seller-servicer relationship with Freddie Mac. Property amenities include: a fitness center; pool; tennis court; walking/biking trails; picnic area; laundry facilities and wheelchair accessible rooms.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.