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.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.