NorthMarq Capital arranges refinancing of $2,889,000 for New Towne West Apartments in Omaha, Nebraska
New Towne West Apts
KANSAS CITY (June 29, 2018) – John Duvall, vice president of NorthMarq Capital’s Kansas City regional office, arranged refinancing of $2,889,000 for New Towne West Apartments consisting of 115-units in Omaha, Nebraska. The transaction was structured with a 7-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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.