NorthMarq’s Kanas City office arranges $42.014 million refinance of Woodland Park in Rogers, Arkansas

Woodland Park
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KANSAS CITY, MISSOURI (February 21, 2020) – Kyle Tucker, senior vice president of NorthMarq’s Kansas City office secured the $42,014,000 refinance of Woodland Park. The 427-unit class A- multifamily property is located at 4000 South Dixieland Road in Rogers, Arkansas. 

“Freddie Mac was able to deliver a very strong quote to a repeat sponsor for a recently stabilized property.” 

Property amenities include: Air conditioning, balcony, ceiling fans, dishwasher, cable ready and hardwood flooring. Apartment amenities include:  Pet-friendly policy, playground, electronic payments, clubhouse, swimming pool, garage, wireless internet access and granite countertops. 

Financing Details:
- 10-year term
- 3.72 percent rate
- NorthMarq arranged financing for the borrower through its in-house Freddie Mac team.

 

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.