NorthMarq arranged supplemental financing for two multifamily properties

Highland Ridge-Village Gardens
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.

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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