NorthMarq Capital’s Omaha office arranges $7.1 million refinance of Chantacleer Apartments in Lincoln, Nebraska
OMAHA (September 26, 2016) – John Reed managing director of NorthMarq Capital’s Omaha-based regional office, arranged the $7.1 million refinance of Chantacleer Apartments, a 104-unit multifamily property located at 1400 Garret Lane in Lincoln, Nebraska. The transaction was structured with a 20-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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