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NebraskaCRE

NorthMarq Capital provides $14 million for refinancing of 198 multi-family units in Nebraska

Staff Writer April 5, 2017
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Standing Bear I in Omaha.

John Reed, senior vice president and managing director of NorthMarq’s Omaha regional office recently arranged combined first mortgage refinancings of $14.14 million for Standing Bear I and II in Omaha.

The properties contain a combined 198 market-rate multi-family units.

Standing Bear I was financed at $6.257 million and containes 88 units. Standing Bear II was financed at $7.882 million and contains 110 units.

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