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.