NORTHMARQ ARRANGES $19.6M MORTGAGE FOR PARK EDGE APARTMENTS

by admin

LENEXA, KAN. — NorthMarq’s Kansas City regional office arranged acquisition financing of $19.66 million for Park Edge Apartments, a 260-unit market-rate multifamily community located at 8201 Renner Blvd. in Lenexa. Financing was based on a 10-year term and a 30-year amortization schedule. NorthMarq arranged this financing through its seller-servicer relationship with Freddie Mac.

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