Jason Kinnison arranges $20.09 million refinance of a student housing property in Carbondale, Illinois

Aspen Court Apts
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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. 

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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