NORTHMARQ CAPITAL ARRANGES $11.57 MILLION MULTIFAMILY LOAN

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KANSAS CITY, MO. — NorthMarq Capital has arranged $11.57 million in first-mortgage financing for Province at Briarcliff, a 120-unit multifamily property located in Kansas City. The loan was for a 10-year term with a 30-year amortization. David Farrell of NorthMarq’s Kansas City arranged financing with Freddie Mac on behalf of the borrower, Briarcliff Apartment Homes LLC.

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