NorthMarq Capital arranges $5 million refinance of Stonegate Center in Omaha, Nebraska
Stonegate Center
OMAHA (October 10, 2017) – Steve Ruff, senior vice president/managing director and Eric Petersen, investment analyst of NorthMarq Capital’s Omaha regional office arranged the $5 million refinancing of Stonegate Center, a 96,638 sq. ft. industrial property located at 11750 Stonegate Circle in Omaha, Nebraska. The transaction was structured with a 10-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “We were able to obtain a very competitive, sub-four percent rate for a long-term borrower by highlighting the strengths of the subject location and sponsorship, even with a large, non-traditional tenant in place,” explained Ruff.
About Northmarq
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.
