May 15, 2013

NorthMarq Capital arranged $6.5 million mortgage for College View Assisted Living in Hastings, Nebraska

College View ALF

Debt & Equity

Multi-Tenant

OMAHA (May 15, 2013) – Gary Rifkin, senior vice president of NorthMarq’s Omaha-based regional office, arranged first mortgage refinancing of $6.5 million for College View, a 58-unit assisted living facility located at 1100 North 6th Avenue in Hastings, Nebraska. Financing was based on a 32-year term and a 32-year amortization schedule and was arranged for the borrower, College View Assisted Living, LLC, by NorthMarq under the HUD 223(a)(7) Program.

Available Senior / Assisted Living properties

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.