NorthMarq Capital arranges $11 million refinance of Lexington Commons Apartments in Bartlesville, Oklahoma
Lexington Commons Apts
KANSAS CITY (October 27, 2014) – Brent Blake, senior vice president and Kyle Tucker, vice president of NorthMarq Capital’s Kansas City based regional office negotiated the $11 million refinance of Lexington Commons Apartments, a 206-unit multifamily property located at 841 Colony Drive in Bartlesville, Oklahoma. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Seller-Servicer relationship with Freddie Mac.
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.
