NorthMarq Capital’s Omaha office arranges $3.425 million refinance of Council Bluffs, Iowa retail property
Lake Manawa Centre
OMAHA (March 1, 2016) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office finalized the $3.425 million refinance of the Lake Manawa Centre located in Council Bluffs, Iowa. The property includes two neighborhood strip retail buildings and a McDonald’s ground lease. The transaction was structured with an 18-year term and 22-year amortization schedule. NorthMarq arranged the financing for the borrower through its correspondent relationship with a life insurance company.
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