NorthMarq Capital arranges $5.362 million acquisition of River Market Portfolio in Kansas City, Missouri
River Market Portfolio
KANSAS CITY (July 2, 2014) – Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City based regional office arranged the $5.362 million acquisition financing of the River Market Portfolio, a 141-unit multifamily property located at 213 Delaware Street, Kansas City, Missouri. The transaction as structured with a 7-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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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.
