NorthMarq Capital Arranges $23.45M Mortgage for Claremont Apartments

OVERLAND PARK, KAN.—Greg Duvall, senior vice president and managing director of NorthMarq’s Kansas City Regional office, arranged first mortgage refinancing of $23.45 million for Claremont Apartments in Overland Park, Kan.

The market-rate multifamily community, comprised of 335 units, is located at 11909 W. 109th Street. Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower by NorthMarq through its affiliate AmeriSphere Multifamily Finance L.L.C., a Fannie Mae DUS Lender.

NorthMarq, a privately held commercial real estate financial intermediary in the U.S., provides mortgage banking and commercial loan servicing in 33 offices across the U.S.

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