NorthMarq Capital's Omaha office arranged $11.5 million mortgage for Valley View Apartments in Council Bluffs, Iowa

Valley View Apts
OMAHA (August 7, 2013) – Jason Kinnison, vice president of NorthMarq’s Omaha-based regional office, arranged first mortgage refinancing of $11.5 million for Valley View Apartments, a 258-unit, market-rate multifamily community located in Council Bluffs, Iowa. Financing was based on a 20-year term and a 20-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a correspondent life company lender. “The borrower was able to lock in this excellent 20 year fully amortizing loan five months in advance of their existing loan opening to prepayment without penalty,” Kinnison said.

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:

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