Multifamily - Debt

NorthMarq Capital negotiates $5 million refinance of Stonegate Apartments in Cedar Rapids, Iowa

OMAHA (June 16, 2015) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office finalized the $5 million refinance of Stonegate Apartments, a 108-unit multifamily property located at 4200 Armar Drive SE in Cedar Rapids, Iowa. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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.