Senior Housing - Debt

NorthMarq Capital finalizes $7,167,900 refinance of Legacy Pointe in Iowa City, Iowa

OMAHA (June 8, 2015) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office arranged the $7,167,900 million refinance of the Legacy Pointe assisted living facility located in Iowa City, Iowa. NorthMarq Capital was able to provide the borrower with a 35 year fully amortizing loan through its FHA/HUD platform.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.