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NebraskaFinance

NorthMarq provides refinancing dollars for 72-unit multi-family property in Iowa

Staff Writer April 5, 2017
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John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, of NorthMarq’s Omaha Regional office, recently arranged first mortgage refinancing of $2.35 million for Windsor Square Apartments, a 72-unit market-rate multi-family property located in Des Moines, Iowa.

Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.

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