Northmarq’s Minneapolis office arranges $26.93 million refinance of The Overlook Apartments in Topeka, Kansas

The Overlook Apts
871e535f-3613-46ea-924f-235a3b1a5e39.jpg

MINNEAPOLIS, MINNESOTA (July 26, 2022) – Dan Trebil, senior vice president/managing director of Northmarq’s Minneapolis office, secured $26.93 million in refinancing for The Overlook, a 318-unit apartment complex (built in 2001) in Topeka, Kansas.

Northmarq arranged the permanent, fixed-rate refinancing for the borrower through its Fannie Mae DUS program. 

The Overlook Apartments sit atop a hill off Huntoon Street, near Interstate 470 and Route 75. The complex includes one-, two-, and three-bedroom floor plans. Community amenities include an outdoor pool, spa/hot tub, fitness center, and clubhouse.

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

Image
NM Web Icon News Black

Stay on top of industry research