$3.25 MILLION LOAN ARRANGED FOR KANSAS CITY MULTIFAMILY PROPERTY

KANSAS CITY, MO. — NorthMarq Capital has arranged a $3.25 million loan for Citadel Apartments in Kansas City. Located at 1702 Bushman Dr., the property offers 164 apartment units. The 10-year Freddie Mac loan features a 30-year amortization schedule. Greg Duvall of NorthMarq's Kansas City regional office originated the transaction. Additional terms of the loan were not released.