NorthMarq arranges $86.96 million refinance of eight-property multifamily portfolio located in Iowa and Nebraska
OMAHA, NEBRASKA (October 28, 2020) – Jason Kinnison, senior vice president/managing director of NorthMarq’s Omaha office secured refinancing of $86.96 million for an eight-property multifamily portfolio. Five properties are located in the Omaha metro area and three properties are located in Iowa (Council Bluffs, Sioux City and Des Moines). NorthMarq arranged the permanent-fixed loan for the borrower through Freddie Mac’s Optigo lending program.
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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.
