Multifamily
Debt & Equity

NorthMarq finalizes $2,715,000 refinance of Washington Square Apartments in Davenport, Iowa

OMAHA, NEBRASKA (September 9, 2021) – Jason Kinnison, managing director of NorthMarq’s Omaha office, arranged the $2.715 million refinance of Washington Square Apartments. The 24-unit multifamily property is located at 1937 Washington Street in Davenport, Iowa. NorthMarq secured financing for the borrower through its relationship with a life insurance company.  

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.

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Washington Square Apts
Permanent Loan - Fixed
$2,715,000