REBusinessOnline

NXT Capital Provides $51.3M Refinancing for Apartment Community in Overland Park, Kansas

Promontory Apartments features 291 units.

OVERLAND PARK, KAN. — NXT Capital has provided a $51.3 million loan for the refinancing of Promontory Apartments in Overland Park. The 291-unit, Class A apartment community is located on Metcalf Avenue. Amenities include a clubroom, rooftop terrace, coffee lounge, sundeck, pool, fitness center and pet care station. The property also features 21,000 square feet of ground-floor retail space. Noah Laredo of BMC Capital arranged the loan. The borrower and loan terms were undisclosed.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Updated daily:
How Will COVID-19 Impact the Commercial Real Estate Industry?
Click here.

COVID-19 Webinars: Learn more about the CRE industry's response to the coronavirus. Sign up.
Conferences


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business