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.
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About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.