Arranges $5.76 million for senior housing in Davenport, Iowa
Silvercrest-Garner Farms
OMAHA (December 2, 2014) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office arranged the $5.76 million refinance of Silvercrest-Garner Farms, a 62-unit assisted living and memory care facility located in Davenport, Iowa. The transaction was structured with a 35-year term and 35-year amortization schedule. Northmarq arranged the HUD loan for the borrower through its affiliate AmeriSphere Multifamily Finance LLC.
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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.
