NorthMarq arranges $13 million first mortgage refinance for multi-family development in Nebraska

November 16, 2012  |  Staff Writer  |  Print Article  |  Email this Article

John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, of NorthMarq’s Omaha regional office, arranged first mortgage refinancing of $13.875 million for Summit Apartments, a 294-unit market-rate multi-family property located in Bellevue, Neb.

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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