NorthMarq Capital arranges $7.028 million refinance for Regency Woods Apartments in Des Moines, Iowa
Regency Woods Apts
KANSAS CITY (January 2, 2014) – Brent Blake, vice president of NorthMarq’s Kansas City regional office arranged refinancing of $7.028 million for Regency Woods Apartments, a 200-unit multifamily property located at 1137 11th Street, West Des Moines, Iowa. Financing for the transaction was structured with a 10-year term and 30-year amortization rate. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
About Northmarq
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.
