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NorthMarq closes $7.25 million loan for 92-unit apartment complex in Iowa

Staff Writer April 4, 2017
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Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha-based regional office, has secured permanent financing of $7.25 million for The Apartments at Prairie Lakes in Ankeny, Iowa.

The 92-unit multifamily property is located at 1603 Prairie Lakes Drive.

The transaction was structured with a fully amortizing 25-year term.

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