Finance L Iowa

NorthMarq closes $16 million refinance for Iowa apartment complex

NorthMarq provides financing for Council Bluffs apartments,ph01

Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha regional office, negotiated refinancing of $16.74 million for River Park Apartments Phase III, a 190-unit multifamily property in Council Bluffs, Iowa.

NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.