NorthMarq’s Kansas City office negotiates $9.1 million refinance of Broadmoor at Chelsea in Wichita, Kansas
KANSAS CITY, MISSOURI (February 20, 2020) – John Duvall, vice president and Kyle Tucker, senior vice president of NorthMarq’s Kansas City office secured refinancing of $9.1 million for Broadmoor at Chelsea. The 240-unit multifamily property is located in Wichita, Kansas. The transaction was structured with a 10-year term with 2-years of interest-only payments, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.
Meet our team
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
