NorthMarq’s Kansas City office negotiates $9.1 million refinance of Broadmoor at Chelsea in Wichita, Kansas
Broadmoor at Chelsea
KANSAS CITY, MISSOURI (February 20, 2020) – John Duvall, vice president and Kyle Tucker, senior vice president of NorthMarq’s Kansas City office secured refinancing of $9.1 million for Broadmoor at Chelsea. The 240-unit multifamily property is located in Wichita, Kansas. The transaction was structured with a 10-year term with 2-years of interest-only payments, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.
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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.
