NorthMarq Capital arranged $6.5 million mortgage for College View Assisted Living in Hastings, Nebraska
College View ALF
OMAHA (May 15, 2013) – Gary Rifkin, senior vice president of NorthMarq’s Omaha-based regional office, arranged first mortgage refinancing of $6.5 million for College View, a 58-unit assisted living facility located at 1100 North 6th Avenue in Hastings, Nebraska. Financing was based on a 32-year term and a 32-year amortization schedule and was arranged for the borrower, College View Assisted Living, LLC, by NorthMarq under the HUD 223(a)(7) Program.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
