Senior Housing - Debt

Arranges $5.76 million for senior housing in Davenport, Iowa

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.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

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