August 24, 2015

NorthMarq Capital’s Omaha office secures $3.417 million refinance of affordable housing properties in Nebraska and Iowa

Affordable Housing Properties

Debt & Equity

Multi-Tenant

OMAHA (August 24, 2015) – John T. Reed, managing director of NorthMarq Capital’s Omaha based regional office arranged the $3.417 million refinance of Bellevue Place Apartments (Bellevue, Nebraska) and Maple Park Apartments (Council Bluffs, Iowa). The affordable housing properties, consisting of a combined 93 units, were financed for the borrower through NorthMarq’s seller-servicer relationship with Freddie Mac. “Freddie Mac and NorthMarq’s team did an outstanding job in structuring these small affordable housing loans to meet our client’s priorities,” said Reed.

Available Multifamily properties

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.