{"id":1004084288,"date":"2013-09-27T13:54:07","date_gmt":"2013-09-27T21:54:07","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=188641"},"modified":"2020-04-14T23:10:43","modified_gmt":"2020-04-15T07:10:43","slug":"northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\/","title":{"rendered":"Northmarq Capital LLC Arranges $29M in Financing for Two MF Properties"},"content":{"rendered":"

By Gabriel Circiog, Associate Editor<\/em><\/p>\n

Northmarq Capital LLC recently announced that Senior Vice President and Managing Director of the company\u2019s Kansas City regional office Greg Duvall has arranged $29 million in financing for two multifamily properties: 302 Cabana Boulevard in Panama City, Fla. and Waterford Place Apartments in Overland Park, Kansas. \"\"<\/a><\/p>\n

Located at 11220 West 108th Street in Overland Park, Kansas, Waterford Place Apartments is a 192-unit, market-rate multifamily property. NorthMarq arranged the refinancing for the borrower through its relationship with a correspondent life company lender. The refinancing was based on a 20-year term and a 20-year amortization schedule.<\/p>\n

In other local news, The City of Springfield recently launched a campaign to build a roadside park celebrating the city\u2019s history as the birthplace of Route 66. The City Council has unanimously approved the use of $100,000 in fund balance reserves from the \u00bc cent Capital Improvement Sales Tax Fund to kick-start the development.<\/p>\n

The City has partnered with locally-based Crowdit to crowdfund the most important elements of the roadside park. The crowdfunding project will go live at the kick-off party which will take place on Oct. 2. The first fundraiser will aim to cover the construction costs on a re-creation of the iconic Red\u2019s Giant Hamburg sign. Other projects include a relocated motor court cottage with restrooms and a sign replica; a filling station replica, vending machines and visitor information; and a Birthplace of Route 66 sculpture.<\/p>\n

For further information on the revitalization project visit: crowdit<\/a><\/p>\n

Photo Courtesy of: www.waterfordplaceaptskc.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Bloomington, Minnesota-based Northmarq Capital LLC recently announced that Senior Vice President and Managing Director of the company’s Kansas City regional office, Greg Duvall, has arranged $29 million in financing for two multifamily properties: 302 Cabana Boulevard in Panama City, Florida and Waterford Place Apartments in Overland Park, Kansas.<\/p>\n","protected":false},"author":264,"featured_media":1004507223,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1592,21742],"tags":[1815],"class_list":["post-1004084288","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kansas-city","category-latest","tag-national"],"acf":[],"yoast_head":"\nNorthmarq Capital LLC Arranges $29M in Financing for Two MF Properties - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Northmarq Capital LLC Arranges $29M in Financing for Two MF Properties\" \/>\n<meta property=\"og:description\" content=\"Bloomington, Minnesota-based Northmarq Capital LLC recently announced that Senior Vice President and Managing Director of the company’s Kansas City regional office, Greg Duvall, has arranged $29 million in financing for two multifamily properties: 302 Cabana Boulevard in Panama City, Florida and Waterford Place Apartments in Overland Park, Kansas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-09-27T21:54:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-15T07:10:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Waterford-Place-Apartments.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/\"},\"author\":{\"name\":\"Gabriel Circiog\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/dc807179924e7fea3aeab259237f45a5\"},\"headline\":\"Northmarq Capital LLC Arranges $29M in Financing for Two MF Properties\",\"datePublished\":\"2013-09-27T21:54:07+00:00\",\"dateModified\":\"2020-04-15T07:10:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/\"},\"wordCount\":258,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Waterford-Place-Apartments.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Kansas City\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-capital-llc-arranges-29m-in-financing-for-two-mf-properties\\\/\",\"name\":\"Northmarq Capital LLC Arranges $29M in Financing for Two MF Properties - 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