Self Storage - Debt

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

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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.