NorthMarq Capital's Kansas City office finalizes $3.1 million supplemental financing for Chase Arbor Apartments in Virginia Beach, Virginia
Chase Arbor Apts
KANSAS CITY (July 6, 2016) – Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City-based regional office, arranged supplemental financing of $3,100,000 for Chase Arbor Apartments, a 430-unit multifamily property located at 1500 Chase Arbor Common in Virginia Beach, Virginia. The transaction was structured with a 7-year term and 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.
