Multifamily - Debt

NorthMarq Capital's Kansas City office finalizes $3.1 million supplemental financing for Chase Arbor Apartments in Virginia Beach, Virginia

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. 

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.