Multifamily - Debt

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. 

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.