Steve Ruff and Bob Chalupa of NorthMarq’s Omaha office arrange $10.27 million in financing for three properties in Nebraska

OMAHA (May 15, 2018) – Steve Ruff, managing director and Bob Chalupa, senior vice president of NorthMarq Capital’s Omaha regional office, arranged three separate transactions located in Nebraska totaling a combined $10.27 million. Cornhusker7: The $1.12 million refinancing for this 10,760 sq. ft. office property, located at 1716 Charleston Drive in Papillion, Nebraska, was structured with a fully amortizing 15-year term. Steve Ruff arranged financing for the borrower through NorthMarq’s correspondent relationship with a life insurance company. “This was a fully-amortizing loan for the refinance of an office/retail property with a partial owner-user component,” said Ruff. Deerfield Clubhouse Apartments: The $5.65 million in acquisition financing for this 122-unit multifamily property, located at 1021 South Howard Road in Freemont, Nebraska, was structured with a 10-year term on a 25-year amortization schedule. Bob Chalupa arranged financing for the borrower through NorthMarq’s correspondent relationship with a life insurance company. “This was an efficiently closed acquisition financing for an apartment complex in a bedroom community o the Omaha MSA,” explained Chalupa. Conestoga Crossing Apartments: The $3.5 million in acquisition financing for this 96-unit multifamily property, located at 740-842 North Michael Street in Freemont, Nebraska, was structured with a 10-year term on a 25-year amortization schedule. Bob Chalupa arranged financing for the borrower through NorthMarq’s correspondent relationship with a life insurance company. “This acquisitioning financing, for an apartment complex in a bedroom community in the Omaha MSA, was arranged through our correspondent relationship with a life insurance company,” explained Chalupa.