Jason Kinnison arranges $20.09 million refinance of a student housing property in Carbondale, Illinois
Aspen Court Apts
OMAHA, NEBRASKA (October 24, 2019) – Jason Kinnison of NorthMarq’s Omaha regional office secured the $20.09 million refinance of Aspen Court Apartments. The property is located at 1101 East Grand Avenue in Carbondale, Illinois.
Financing Details:
- 10-year term
- 30-year amortization schedule
- NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with Freddie Mac.
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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.
