John Bendon, senior vice president/managing director, and Jason Kinnison, vice president, of NorthMarq’s Omaha regional office, arranged three first-mortgage refinancings totaling $12.97 million for Briarwood Apartments, Willow Park South Apartments and Loveland Apartments.
Briarwood Apartments, a 312-unit multifamily property located at 9434 U Court in Omaha, was financed with a 10-year term and a 30-year amortization schedule. The $6.6 million loan was arranged for the borrower, T & H Realty Investors, L.P., by NorthMarq through its seller-servicer relationship with Freddie Mac.
Willow Park South Apartments contains 68 units and is located at 6123 South 96th Court in Omaha. The $2.97 million loan was arranged with a 10-year term and 30-year amortization schedule for the borrower, GC Apartments, L.L.C., by NorthMarq through its seller-servicer relationship with Freddie Mac.
Loveland Apartments is a 72-unit property located at 7515 Howard Street in Omaha. Financing for the $3.4 million mortgage was based on a 10-year term and 30-year amortization schedule for the borrower, Howard Street Apartments, L.L.C., by NorthMarq through its seller-servicer relationship with Freddie Mac.
