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.