Northmarq secures $4.552 million refinance of 60-unit multifamily property
Robin Hills Apts
CINCINNATI (Dec. 20, 2023) — Noah Juran, senior vice president and managing director of Northmarq’s Cincinnati Debt + Equity, and John Duvall, vice president of the Kansas City office, has secured a $4.522 million loan for Robin Hills Apartments. The 60-unit multifamily property was built in 1970 and is located at 200 SW Noel St. in Lees Summit, Missouri.
Northmarq arranged financing on behalf of the borrower through its correspondent relationship with Freddie Mac. The permanent fixed-rate loan was structured on a 5-year term.
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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.
