NORTHMARQ ARRANGES $18.9 MILLION LOAN FOR 208-UNIT APARTMENT COMMUNITY

LENEXA, KAN. — David Farrell in the Kansas City regional office of NorthMarq Capital has arranged $18.9 million in first mortgage financing for the Dunes at Falcon Valley located in Lenexa. Terms of the loan for the 208-unit multifamily community were not disclosed. NorthMarq placed the loan with one of its life insurance correspondents on behalf of the borrower, Dunes at Falcon Valley LLC.