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NebraskaFinance

Omaha office of NorthMarq arranges refinancing for 108-unit multi-family property

Staff Writer April 5, 2017
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John Reed, senior vice president and senior director of NorthMarq’s Omaha regional office, arranged first mortgage refinancing of $6.24 million for Amber Ridge Apartments, a 101,592-square-foot multi-family property in Fargo, N.D.

The property contains 108 market-rate units. Financing was based on a 10-year term and a 30-year amortization schedule.

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