NorthMarq Capital arranges $4.5 million acquisition/rehab financing for University Villa Apartments in Kansas City, Missouri

University Villa Apts
b918dd97-6a80-4f61-b7e6-689b9f9b0391
KANSAS CITY (August 1, 2014) – Brent Blake, senior vice president of NorthMarq Capital’s Kansas City based regional office secured acquisition/rehab financing of $4.5 million for University Villa Apartments, a 108-unit multifamily property located at 3044 Francis Street, Kansas City, Missouri. The transaction was structured with a callable 25-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life company.

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

Image
NM Web Icon News Black

Join the mailing list