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.
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