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NebraskaFinance

NorthMarq Capital closes $31 million refinance for Omaha apartment complex

January 25, 2018
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Josh Larsen, vice president of NorthMarq Capital’s Omaha regional office, negotiated refinancing of $31 million for Park 120, a 282-unit multifamily property in Omaha, Nebraska.

This transaction was structured by a 12-year term on a 30-year amortization schedule, with the first year being interest-only.

NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.

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