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NorthMarq Arranges $32.6M Acquisition Loan for Apartments in Overland Park, Kan.

CorbinCrossingApartments

Corbin Crossing Apartments, is a 298-unit multifamily property located in Overland Park, Kan.

OVERLAND PARK, KAN. — NorthMarq Capital’s Kansas City office has arranged acquisition financing of $32.6 million for Corbin Crossing Apartments, a 298-unit multifamily property in Overland Park. The property is located at 6801 W. 138th Terrace. Greg Duvall of NorthMarq arranged the seven-year loan that includes two-year interest-only payments and a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller-servicer relationship with Freddie Mac.

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