Finance c Nebraska

NorthMarq provides financing for Nebraska business park

NorthMarq provides financing for Nebraska business park,ph01

Steve Ruff, managing director, and Josh Larsen, vice president, of NorthMarq’s Omaha-based regional office collaborated to arrange acquisition financing of $1.45 million for Ralston Business Park, a 59,488-square-foot industrial property at 5740, 5750-62 S. 77th St. in Ralston, Nebraska.

The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.