Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Omaha office secures $27.9 million refinance of Ironwood Apartments in Altoona, Iowa

OMAHA (January 2, 2018) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha regional office, negotiated refinancing of $27,900,000 for Ironwood Apartments, a 297-unit multifamily property located in Altoona, Iowa. NorthMarq arranged financing for the borrower through its Fannie Mae platform.

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.