OMAHA, NEBRASKA (May 8, 2019) – Bob Chalupa, senior vice president in NorthMarq’s Omaha-based regional office secured the $27 million refinance of Chateau Apartments Portfolio, a multifamily portfolio consisting of a combined 647-units. The property is located in Lincoln, Nebraska. The permanent-fixed rate transaction was structured with a 15-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
“This was a very attractive loan opportunity that generated interest from a lot of different sources,” said Chalupa. “Our lender secured the deal with an aggressive spread and loan terms.”