NorthMarq Capital arranged $6.5 million mortgage for College View Assisted Living in Hastings, Nebraska
College View ALF
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.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
