Northmarq arranges $8.5 million refinance of Silvercrest at Deer Creek

Silvercrest at Deer Creek
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Date: May 11, 2022
Size: 130 units
Location: Overland Park, KS
Lender type: Life insurance company
Loan sub-type: Permanent fixed
Winning quote: The 5-year loan was structured with an initial funding of $5.5 million and additional funding in the amount of $3 million for renovations to the property. This loan represents the third loan between the sponsor and lender.

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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