In the News 12/ 18/ 2018

John Reed featured in Midlands Business Journal: As development market expands, NorthMarq positions itself locally

Responsiveness to opportunities and access to capital at reasonable rates has positioned NorthMarq Capital’s financing operations favorably in Omaha. A recent merger and expertise that reaches around the block to across the country have solidified the Minneapolis-based company as a partner of choice among developers.

“The commercial real estate market across the board has been growing, particularly in the last three years,” said John Reed, Omaha office managing director. “We’ve got plenty of clients in need of capital and institutional capital right now is very abundant.”

Reed said the average loan size generated by the Omaha operations is currently in the $10 million range with the largest single deal of late being $80 million to finance Blue Cross & Blue Shield of Nebraska’s project at Aksarben. Portfolio deals at the national level—involving multiple national assets—can easily run into the billions of dollars.

Read the full story as printed in Midlands Business Journal.