NorthMarq Capital's Kansas City office arranges acquisition financing for Villas at Spring Trails in Pflugerville, Texas
KANSAS CITY (July 6, 2016) – Greg Duvall, senior vice president/managing director of NorthMarq Capital’s Kansas City-based regional office, arranged acquisition financing for Villas at Spring Trails, a 270-unit mulitfamily property located at 901 New Meister Lane in Pflugerville, Texas. The transaction was structured with a 7-year term with 2-years interest only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Fannie Mae DUS program.
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