NorthMarq arranges $23.052 million refinance of The ZAG Apartments in Omaha, Nebraska
OMAHA, NEBRASKA (September 20, 2019) – NorthMarq secured the $23,052,000 refinance of The ZAG Apartments. The property is located at 5110 Mayberry Street in Omaha, Nebraska.
Financing Details:
- 10-year term (with 3-years interest only)
- 30-year amortization schedule
- Permanent-fixed nonrecourse loan
- Pre-stabilized funding
- NorthMarq arranged financing for the borrower through its in-house Fannie Mae team
Property Details:
- Apartment amenities: fast internet speeds, available wheelchair-accessible apartments, air conditioner, stainless steel appliances, hardwood-style flooring in main living areas, views of downtown Omaha, balcony, built-in-microwave, refrigerator, dishwasher, quartz countertops, walk-in closets, roller shades, un-unit washer/dryer, culinary-style island kitchens, new interiors, cable ready and garbage disposal.
- Community amenities: 24-hour fitness center, outdoor lounge with fire pit, lockable bike racks/lockers, close proximity to multiple city parks and bike trails, located near Midtown, Blackstone, Dundee and Downtown and Aksarban, located near multiple universities, controlled access building entry, car cleaning area with vacuum, TV/high top lounge, smoke free community, trash and recycling chutes on each floor, additional storage, 24-hour emergency maintenance, study lounge, community garden plots and shuffleboard table.
- More information on the property can be found here.
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.
