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NebraskaRetail

NorthMarq provides refinancing loan for retail property 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 $2.8 million for a free-standing 50,000-square-foot retail property in Concil Bluffs, Iowa.

Financing was based on a 10-year term and a 10-year amortization schedule.

NorthMarq arranged the financing for the borrower through its relationship with a correspondent life company lender.

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