June 11, 2013

Jason Kinnison and John Reed arranged $6.25 million mortgage for Sunridge Apartments in Lincoln, Nebraska

Sunridge Apts

Debt & Equity

Multi-Tenant

OMAHA (June 11, 2013) – Jason Kinnison, vice president, and John Reed, senior director, of NorthMarq’s Omaha regional office, arranged first mortgage refinancing of $6.25 million for Sunridge Apartments, a 156-unit, market-rate multifamily property located in Lincoln, Nebraska. Financing was based on a 15-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a correspondent life company lender.

Available Multifamily properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.