Northmarq’s Kansas City office arranges a $17.2 million refinance for The Frontier West Lawrence in Lawrence, Kansas

The Frontier West Lawrence
Debt & Equity
Multi-Tenant
Multifamily
Permanent Loan - Fixed
Freddie Mac
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KANSAS CITY, KANSAS (March 28, 2022) – John Duvall, vice president of Northmarq’s Kansas City office, arranged a $17.2 million refinance for The Frontier West Lawrence Apartments. The 192-unit multifamily property is located at 546 Frontier Road, Lawrence, Kansas. The transaction was structured with a 10-year term with 2-years interest only followed by a 30-year amortization scheduled. Northmarq secured the permanent-fixed loan for the borrower through its status as a Freddie Mac lender.

The property is conveniently located close to shopping, University of Kansas and near Kansas Turnpike.

Community amenities include salt water swimming pool and a 24-hour fitness center. Apartment amenities include private balconies, fully equipped kitchens with granite countertops, in-unit washer and dryer, energy effitefficient appliances, and walk-in closets.

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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.
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