NorthMarq Capital arranges $21.667 million refinancing for two apartment complexes
Louisburg and Sunnybrook Apts
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.
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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.
