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