Multifamily - Debt

NorthMarq arranges acquisition financing of $1.8 million for Colonial Park Apartments in Omaha, Nebraska

OMAHA (January 12, 2018) – NorthMarq’s Omaha regional office, arranged acquisition financing of $1.8 million for Colonial Park Apartments, a 42-unit multifamily property located at 3084 South 40th Street in Omaha, Nebraska. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Readycap Commercial LLC via Freddie Mac Small Balance Loan 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 $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.