NorthMarq arranges $23.052 million refinance of The ZAG Apartments in Omaha, Nebraska

The ZAG Apts

Debt & Equity

Multi-Tenant

OMAHA, NEBRASKA (September 20, 2019) – NorthMarq secured the $23,052,000 refinance of The ZAG Apartments. The property is located at 5110 Mayberry Street in Omaha, Nebraska.

Financing Details:
- 10-year term (with 3-years interest only)
- 30-year amortization schedule
- Permanent-fixed nonrecourse loan
- Pre-stabilized funding
- NorthMarq arranged financing for the borrower through its in-house Fannie Mae team

Property Details:
- Apartment amenities: fast internet speeds, available wheelchair-accessible apartments, air conditioner, stainless steel appliances, hardwood-style flooring in main living areas, views of downtown Omaha, balcony, built-in-microwave, refrigerator, dishwasher, quartz countertops, walk-in closets, roller shades, un-unit washer/dryer, culinary-style island kitchens, new interiors, cable ready and garbage disposal.
- Community amenities: 24-hour fitness center, outdoor lounge with fire pit, lockable bike racks/lockers, close proximity to multiple city parks and bike trails, located near Midtown, Blackstone, Dundee and Downtown and Aksarban, located near multiple universities, controlled access building entry, car cleaning area with vacuum, TV/high top lounge, smoke free community, trash and recycling chutes on each floor, additional storage, 24-hour emergency maintenance, study lounge, community garden plots and shuffleboard table.
- More information on the property can be found here.

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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.