Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Omaha office arranges $6,675,000 refinance of Glen Oaks Apartments in Sioux City, Iowa

OMAHA (November 3, 2017) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha regional office, negotiated the $6,675,000 refinance of Glen Oaks Apartments, a 144-unit multifamily property located at 3800 Glen Oaks Boulevard in Sioux City, Iowa. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.