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.
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