NorthMarq Capital Arranges $24.4M HUD Refinancing for Multifamily Property in Kansas City Suburb

by Christina Cannon

OVERLAND PARK, KAN. — NorthMarq Capital has arranged a $24.4 million HUD refinancing for Whispering Hills Apartments located at 8800 W. 124th St. in Overland Park, a Kansas City suburb. Brent Blake of NorthMarq arranged the refinancing for the 376-unit property. The transaction was structured with a 35-year amortization term. Amenities of the apartment complex include equipped kitchens with granite counters, private patios with storage, washer and dryer connections, an on-site DVD library, numerous catered events, an indoor and outdoor swimming pool and a 24-hour fitness center.

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