NorthMarq Capital’s Omaha office finalizes $33.075 million refinance of Woodland Reserve Apartments in Ankeny, Iowa
Woodland Reserve Apts
OMAHA (September 19, 2016) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha-based regional office, arranged a $33.075 million refinance of Woodland Reserve Apartments, a 376-unit multifamily property located at 170 NE 41st Street in Ankeny, Iowa. The transaction was structured with a 10-year term followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.