NorthMarq secures $4.75 million refinance of Broadway Storage in Des Moines, Iowa

Broadway Storage
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OMAHA, NEBRASKA (January 15, 2020) – Jason Kinnison, senior vice president/senior director of NorthMarq’s Omaha regional office arranged the $4.75 million refinance of Broadway Storage. The self-storage property is located at 4933 East Broadway Avenue in Des Moines, Iowa. NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a 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 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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