Finance c Nebraska

NorthMarq provides $3.89 million refinance for Omaha apartments

NorthMarq provides $3.89 million refinance for Omaha apartments,ph01

Steve Ruff, managing director, and Josh Larsen, vice president, in NorthMarq’s Omaha-based regional office arranged the $3.89 million refinance of Northampton Arms Apartments, a 129-unit multifamily property at 5615 Northampton Blvd. in Omaha, Nebraska.

The permanent-fixed loan was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a Freddie Mac SBL provider.