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NebraskaSeniors Housing

NorthMarq Capital closes $16 million refinance loan for seniors facility in Nebraska

Staff Writer April 5, 2017
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Jason Kinnison, vice president of NorthMarq Capital’s Omaha-based regional office, recently arranged the $16.2 million refinance of Elk Ridge Independent Living, a 118-unit seniors housing facility in Elkhorn, Neb.

Financing was structured with an 18-year term and 18-year amortization. It was arranged for the borrower by NorthMarq through its relationship with a correspondent life company.

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