Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Kansas City office arranges acquisition financing for Hilltop Village in Kansas City, Missouri

OVERLAND PARK (March 1, 2016) – Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City based regional office, arranged acquisition financing for Hilltop Village, a 124-unit multifamily property located at 6700 East 87th Street in Kansas City, Missouri. The transaction was structured with a 10-year term with 2-years interest only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.

“Although the buyer had prior experience with agency loans, this was their first Freddie Mac loan,” noted Duvall.

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 $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.