NORTHMARQ ARRANGES $2.25 MILLION MULTIFAMILY LOAN IN KANSAS

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LAWRENCE, KAN. — Brent Blake of NorthMarq Capital's Kansas City regional office has arranged a $2.25 million first mortgage loan for WindGate Apartments LLC for WindGate Apartments in Lawrence. Located at 1701 W. 4th St., the 38-unit property is mostly occupied by University of Kansas students. The 10-year term loan carries a 25-year amortization schedule and was arranged through NorthMarq's correspondent relationship with Aviva Life and Annunity Co.

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