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NebraskaCRE

NorthMarq closes refinance for 258-unit multi-family community in Iowa

Staff Writer April 5, 2017
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Jason Kinnison, vice president of NorthMarq‘s Omaha regional office, arranged first mortgage refinancing of $11.5 million for Valley View Apartments, a 258-unit, market-rate multi-family community located in Council Bluffs, Iowa.

Financing was based on a 20-year term and a 20-year amortization schedule.  NorthMarq arranged this financing for the borrower through its relationship with a correspondent life company lender.

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