December 4, 2013

NorthMarq Capital arranges $21.667 million refinancing for two apartment complexes

Louisburg and Sunnybrook Apts

Debt & Equity

Multi-Tenant

OVERLAND PARK (December 2, 2013) – Greg Duvall, senior vice president and managing director of NorthMarq’s Kansas City regional office, arranged refinancing for Louisburg Square Apts and Sunnybrook Apts, totaling $21,667,000. - Louisburg Square Apartments, a 313 unit conventional market multifamily property located at 9301 Santa Fe Lane, Overland Park, Kansas was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller-servicer relationship with Freddie Mac. - Sunnybrook Apartments, a 152-unit affordable housing property located at 4500 Doris Circle, Knoxville, Tennessee structured with a 10-year term and 30 year amortization schedule. NorthMarq arranged financing for the borrower through its seller-servicer relationship with Freddie Mac.

Available Multifamily properties

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.