Finance c Nebraska

NorthMarq closes $1.8 million refinance loan for Lincoln retail property

NorthMarq closes $1.8 million refinance loan for Lincoln retail property,ph01

Steve Ruff, managing director of NorthMarq Capital’s Omaha regional office, negotiated the $1.8 million refinance of Williamsburg Retail, a 16,709-square-foot retail property at 3530, 3540 and 3600 Village Drive in Lincoln, Nebraska.

The transaction was structured with a fully amortizing 20-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.