October 21, 2013

NorthMarq Capital's Omaha ofice arranges two refinance deals totaling $6.67 million

Rock Valley Shopping Center & Miracle Hills Office

Debt & Equity

Multi-Tenant

OMAHA, NE (October 21, 2013) – Jason Kinnison, vice president of NorthMarq’s Omaha-based regional office, secured refinancing of $6.67 million for two separate assets. Rock Valley Shopping Center, a 63,000 sq. ft. retail property located in Rock Island, IL was refinanced for $1,875,000. Miracle Hills Office Buildings, a four building asset located in Omaha, NE was refinanced for $4,796,500. Financing for both deals was based on 13-year term and a 13-year amortization schedule and was arranged for the borrowers through NorthMarq through its relationship with a correspondent life company.

Available Retail (MT) properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.