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