NorthMarq Capital arranged supplemental financing for two multifamily properties

GeorgetownApts-Stone Ridge Apts
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OVERLAND PARK (February 6, 2013) – Greg Duvall, senior vice president and managing director of NorthMarq’s Kansas City Regional office, arranged supplemental financing for two multifamily properties for a combined total of $3.46 million. • Georgetown Apartments, a 150-unit market-rate multifamily property located at 59 Fitz-Henry Boulevard in Columbus, Ohio, was financed at $2.4 million. Financing was based on a 14-year term and a 25-year amortization schedule. • Stone Ridge Apartments, a 106-unit market-rate multifamily property located at 5100 Conser in Overland Park, Kansas, was financed at $1.06 million. Financing was based on a 16-year term and a 25-year amortization schedule. NorthMarq arranged these financings for the borrower through its seller-servicer relationship with Freddie Mac.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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