NORTHMARQ CAPITAL SECURES $13.6 MILLION MULTIFAMILY LOAN

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SHAWNEE, KAN. — NorthMarq Capital has secured $13.6 million in first mortgage financing for The Retreat of Shawnee, a 342-unit multifamily community located in Shawnee. The loan was based on a 10-year plus-one term, with 5 years interest only and a 30-year amortization schedule. Greg Duvall of the Kansas City, Mo., office of NorthMarq arranged the loan on behalf of the borrower, KC Retreat Associates, through Freddie Mac.

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