October 10, 2017

NorthMarq Capital arranges $5 million refinance of Stonegate Center in Omaha, Nebraska

Stonegate Center

Debt & Equity

Multi-Tenant

OMAHA (October 10, 2017) – Steve Ruff, senior vice president/managing director and Eric Petersen, investment analyst of NorthMarq Capital’s Omaha regional office arranged the $5 million refinancing of Stonegate Center, a 96,638 sq. ft. industrial property located at 11750 Stonegate Circle in Omaha, Nebraska. The transaction was structured with a 10-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “We were able to obtain a very competitive, sub-four percent rate for a long-term borrower by highlighting the strengths of the subject location and sponsorship, even with a large, non-traditional tenant in place,” explained Ruff.

Available Industrial 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.