Multifamily - Debt

NorthMarq Capital’s Phoenix office arranges acquisition financing of $1.73 million for Liberty Court in Liberty, Missouri

PHOENIX (January 9, 2016) – Luke Donahue, senior director of NorthMarq Capital’s Phoenix regional office arranged acquisition financing of $1.73 million for Liberty Court, a 63-unit multifamily property located at 305 Darrel Court in Liberty, Missouri. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.