NorthMarq’s Omaha office completes $36.25 million refinance of Chateau Terrace, Alena Court and Sherman Village in Lincoln, Nebraska

Multifamily Portfolio
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OMAHA, NEBRASKA (December 30, 2020) – Bob Chalupa, senior vice president of NorthMarq’s Omaha office negotiated the $36.25 million refinance of Chateau South, a 443-unit multifamily portfolio, located in Lincoln, Nebraska. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its status as a Freddie Mac Optigo lender. 

The properties were established suburban locations. Freddie Mac proved to be the best source for recapturing equity for a future development.  

“NorthMarq’s Freddie Mac team and underwriters provided support and expertise that allowed the borrower to maximize the value of this transaction,” said Chalupa. “They simplified a complex portfolio of properties for a repeat borrower and closed ahead of schedule.”  

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.