NorthMarq Capital’s Omaha office arranges $10.5 million refinance for Regency Apartments in Bettendorf, Iowa
OMAHA (September 12, 2016) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha-based regional office, arranged a $10.5 million refinance for Regency Apartments, a 184-unit multifamily property located at 2505 Devils Glen Road in Bettendorf, Iowa. The transaction was structured with a 35-year term and 35-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with HUD.
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