Multifamily - Debt

NorthMarq Capital

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.

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 $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.