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.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.