NorthMarq Capital arranges $7.25 million refinance of The Apartments at Prairie Lakes in Ankeny, Iowa
The Apartments at Prairie Lakes
OMAHA (April 15, 2015) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office secured permanent financing of $7.25 million for The Apartments at Prairie lakes, a recently completed 92-unit multifamily property located at 1603 Prairie Lakes Drive in Ankeny, Iowa. The transaction was structured with a fully amortizing 25-year term. NorthMarq arranged financing for the borrower through its relationship with a correspondent life insurance company.
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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.
