Finance c Nebraska

NorthMarq closes $4.8 million loan for Omaha multifamily property

NorthMarq closes $4.8 million loan for Omaha multifamily property,ph01

NorthMarq Capital arranged refinancing of more than $4.8 million for Crown Park Apartments in Omaha, Nebraska.

Jason Kinnison, senior vice president of NorthMarq’s Omaha regional office, arranged the financing.

Crown Park Apartments is a 56-unit multifamily property at 7930 Elm Plaza in Omaha. The transaction was structured with a 10-year term on a 30-year amortization schedule.

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