Northmarq Secures $512M Freddie Mac Credit Facility for Price Brothers’ 13‑Property Portfolio

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KANSAS CITY, Mo.--(BUSINESS WIRE)--Mar 20, 2026--

On behalf of Price Holdings LLC, a Price Brothers affiliate, Northmarq has secured a $512 million Freddie Mac credit facility to refinance and recapitalize a 13‑property multifamily portfolio spanning the Kansas City and Dallas metro areas. The four‑tranche structure provides long‑term financing certainty while maximizing proceeds across a diverse collection of stabilized, institutionally managed assets. The financing was structured and arranged by Northmarq’s Greg Duvall, managing director, and investment analyst Brian Michaelsen.

“In today’s competitive and ever-changing multifamily markets, sponsors need certainty of execution and optionality more than ever,” said Duvall. “Freddie Mac worked very hard to offer a long-term facility that allowed us to accomplish both by utilizing fixed and variable rates, staggered maturities, substitution rights and the ability to expand the facility for acquisitions, capital improvements or other needs. This facility helps position Price Brothers for continued leadership as they enter their second century in the U.S. housing industry.”

Travis Whitacre, CEO of Price Brothers added that “securing this $512 million credit facility marks a significant milestone for Price Holdings LLC and Price Brothers and reflects the strength of our longstanding relationship with Freddie Mac and Northmarq. Freddie Mac continues to be a very important lender to us, and their continued confidence in our vision and platform enables us to pursue strategic growth while preserving the quality and stability of our communities. We look forward to building on this partnership for many years to come as we expand our footprint and deliver lasting value to our residents and owners.”

Click here to learn more about credit facilities for commercial real estate.

About Price Brothers

Price Brothers is a vertically integrated real estate investment, development, and property management firm based in Kansas City. With a long-standing presence in the Midwest, the company owns and operates a diverse portfolio of multifamily, mixed-use, and commercial properties, with a focus on disciplined investment, community-driven development, and long-term value creation. For more information, visit pricebrothers.com.

About Northmarq

Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.Northmarq.com.

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KEYWORD: UNITED STATES NORTH AMERICA TEXAS MISSOURI

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SOURCE: Northmarq

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PUB: 03/20/2026 10:00 AM/DISC: 03/20/2026 10:00 AM

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