Multifamily
Debt & Equity

NorthMarq’s Kansas City office finalizes $11.19 million in acquisition financing for Pheasant Ridge in Bellevue, Nebraska

KANSAS CITY, MISSOURI (February 20, 2020) – Greg Duvall, senior vice president/managing director, Jena Beerends, investment analyst and Brian Michaelsen, vice president/senior investment analyst in NorthMarq’s Kansas City office arranged $11.19 million in acquisition financing for Pheasant Ridge. The 264-unit multifamily property is located at 11829 Amerado Boulevard in Bellevue, Nebraska. NorthMarq arranged financing for the borrower through its in-house Freddie Mac team. The permanent-fixed loan was structured with a 7-year term with 2-years of interest-only payments followed by a 30-year amortization schedule.

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.

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Pheasant Ridge
Permanent Loan - Fixed
$11,190,000