NorthMarq Capital arranges $12.4 million refinance of Oak Tree Village Apartments in Lewisville, Texas
Oak Tree Village Apts
KANSAS CITY (October 21, 2014) – Brent Blake, senior vice president and Kyle Tucker, vice president of NorthMarq Capital’s Kansas City based regional office arranged the $12.4 million refinance of Oak Tree Village Apartments, a 272 unit multifamily property located at 1595 South Old Orchard Lane in Lewisville, Texas. The transaction 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.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.