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