NorthMarq Capital’s Omaha office arranges $4.4 million refinance of Cypress Pointe Apartments in Cedar Rapids, Iowa
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OMAHA (June 6, 2017) Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha regional office, arranged the refinance of $4,400,000 for Cypress Pointe Apartments, a 108 unit multifamily property in Cedar Rapids, Iowa. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.