Senior Housing - Debt

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

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.

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.