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NebraskaFinanceMultifamily

NorthMarq provides $8 million of financing for 174-unit apartment property in Omaha

June 10, 2021
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Bill Mork, vice president, and Patrick Minea, executive managing director, in NorthMarq’s Minneapolis office arranged the $8 million financing of the Maple Ridge Apartments. The 174-unit multifamily property is located in Omaha, Nebraska.

The transaction was structured with a 15-year term and 30-year amortization. The permanent, fixed-rate, non-recourse loan was funded through one of NorthMarq’s life company correspondents.  

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