March 1, 2016

NorthMarq Capital’s Omaha office arranges $3.425 million refinance of Council Bluffs, Iowa retail property

Lake Manawa Centre

Debt & Equity

Multi-Tenant

OMAHA (March 1, 2016) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office finalized the $3.425 million refinance of the Lake Manawa Centre located in Council Bluffs, Iowa. The property includes two neighborhood strip retail buildings and a McDonald’s ground lease. The transaction was structured with an 18-year term and 22-year amortization schedule. NorthMarq arranged the financing for the borrower through its correspondent relationship with a life insurance company.

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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.

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