NorthMarq Capital’s Omaha regional office negotiates $17.5 million refinance of Linden Place in Omaha, Nebraska

Linden Place

Debt & Equity

Multi-Tenant

OMAHA (December 11, 2018) – Bob Chalupa, senior vice president/managing director of NorthMarq Capital’s Omaha regional office, arranged the $17.5 million refinance of Linden Place I & II, a 154,772 sq. ft. Class A office property located at 14301 FNB Parkway in Omaha, Nebraska. The permanent-fixed rate loan was structured with a 15-year term on a 25-year amortization schedule, with some prepayment flexibility in the later years. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

The loan was non-recourse and there were no escrows or reserves required. “It was a typical life company execution, early rate lock at application, and closed as quoted with no surprises. This was a great loan for the borrower and a great loan for the lender,” noted Chalupa.

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About Northmarq

Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.