Retail - Debt

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

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.

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.