Office - Debt


NorthMarq arranges $18.5 million refinance of West Dodge Hills in Omaha, Nebraska

OMAHA, NEBRASKA (March 20, 2020) – Bob Chalupa, senior vice president of NorthMarq’s Omaha office secured refinancing of $18.5 million for West Dodge Hills. The 122,080 sq. ft. office property located at 18135 Burke Street, Omaha, Nebraska. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. 

The class A building has underground parking, a health club/workout facility for tenants, and convenient access to West Dodge Road.

“The non-recourse loan included a competitive rate lock at application, no reserves, and flexible structure around lease terms,” said Chalupa. 

 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.