Multifamily - Debt

Josh Larsen completes $4.025 million refinance of New Keystone Apartments in Omaha, Nebraska

OMAHA, NEBRASKA (October 31, 2019) – Josh Larsen of NorthMarq’s Omaha regional office negotiated the $4.025 million refinance of New Keystone Apartments in Omaha, Nebraska. 

Financing Details:
– 10-year term
– 30-year amortization schedule
– NothMarq arranged the permanent-fixed loan for the borrower through its relationship with Freddie Mac. 

Property Details:
– The property is located at 7311 Wirt Street in Omaha, Nebraska
– The property contains 72 units. 
– Amenities include: Pet friendly policies, parking, trash pick-up, units with decks/patios, ability to add washer and dryers to all units, free laundry on-site). 
– Nearby attractions include: University of Nebraska at Omaha (3.5 miles), Three shopping centers (0.4 miles), Omaha Children’s Museum (6.5 miles), Omaha Henry Doorly Zoo (10 miles), Eppley Airport (8.9 miles) and the Lewis & Clark Natural Historic Trail (7.2 miles)

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 more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.