Multifamily - Debt


NorthMarq arranged supplemental financing for two multifamily properties

OVERLAND PARK (January 14, 2013) – Greg Duvall, senior vice president and managing director of NorthMarq’s Kansas City Regional office, arranged supplemental financing for two multifamily properties.
• Highland Ridge, located at 499 Northside Circle in Atlanta, Georgia, contains 219 market-rate multifamily units. Financing was based on a 7.33-year term (coterminous with the 1st mortgage) and a 30-year amortization schedule.
• Village Gardens, located at 1025 Oxford Lane in Fort Collins, Colorado, contains 141 market-rate multifamily units. Financing was based on a 5.86-year term (coterminous with the 1st mortgage) and a 30-year amortization schedule.
NorthMarq arranged these financings for the borrower through its seller-servicer relationship with Freddie Mac.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.

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