Office - Debt

NorthMarq Capital

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

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. 

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 $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.