NorthMarq Capital’s Kansas City office secures supplemental loan for Royal Crest Estates in Fall River, Massachusetts
Royal Crest Estates
KANSAS CITY (April 11, 2016) – Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City base regional office arranged a supplemental loan for Royal Crest Estates, a 216 unit multifamily property located at 37 Courtney Street in Fall River, Massachusetts. The transaction was structured with a 7.5-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Fannie Mae DUS program.
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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.
