Retail c Nebraska

NorthMarq arranges first mortgage refinancing of apartment-and-retail project in Omaha

The-Traditions

John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, with NorthMarq's Omaha Regional office recently arranged first mortgage refinancing of $25.39 million for The Traditions and West Pacific Crossing in Omaha.

John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, with NorthMarq's Omaha Regional office recently arranged first mortgage refinancing of $25.39 million for The Traditions and West Pacific Crossing in Omaha.

This asset consists of a 250-unit Class-A apartment project and an adjacent 39,000-square-foot neighborhood retail center.

Financing was based on a 10-year term and a 30-year amortization schedule.