NorthMarq’s Omaha office arranges $12.2 million refinance of The Mirada in Lincoln, Nebraska

OMAHA, NEBRAKSA (May 20, 2020) – John Reed, managing director of NorthMarq’s Omaha office, secured the $12.2 million refinancing of The Mirada. The 120-unit multifamily property is located at 8450 & 8455 Cody Drive in Lincoln, Nebraska. The property is the newest luxury apartment complex in the city. Recent development includes the completion of Phase I in 2016, and Phase II in 2018. Residents enjoy exclusive membership to an outdoor/indoor pool and numerous entertainment areas including a hot tub, fitness center, private movie theater and 8,000 sq. ft. clubhouse. 

The transaction was structured with a fully amortizing 25-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. 

Community amenities include: Recycling, spa/hot tub, recreation room, media room, bike racks, BBQ/picnic area, Charter Membership in Club Mirada, luxurious clubhouse, controlled access, covered parking, maintenance-free lifestyle, underground heated parking included, complimentary coffee in clubhouse, smoke-free building, on-site storage, convenient elevators, fully equipped 24-hour fitness center with free weights, garage, high speed internet, on-site maintenance/management, package receiving, swimming pool, short term lease and guest room.

Apartment amenities include: High ceilings, central air conditioning, cable ready, carpeting, ceiling fan, fully equipped kitchens, underground heated parking, tub/shower, Wi-Fi in clubhouse, central location, dishwasher, disposal, electronic thermostat, storage, handrails, hardwood floors, large closets, microwave, patio/balcony, refrigerator, security alarm, skylight, great views, full-sized washer and dryer and wheelchair access.