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Brokerage
Posted: November 28, 2008
Duvall of NorthMarq places $15.3m mortgage for 312-unit multifamily prop.
Greg Duvall, senior VP and managing director of NorthMarq Capital, Inc.'s Kansas City regional office, arranged first mortgage financing in the amount of $15.3 million for the Millcreek Woods Apartments, a 312-unit multifamily property. Financing was based on a seven-year term with three years interest only then a 30-year amortization schedule and was arranged for the borrower by NorthMarq through its seller/servicer relationship with Freddie Mac through its Streamline Refinance Program.
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