Northmarq's Omaha office arranges $14.464 million in financing for Pleasant Valley Townhomes

Pleasant Valley Townhomes
a9f5e042-b1d4-4fdf-bd2e-5d47cba7078e.jpg

Date: Jan. 25, 2022
Size: 69 units
Location: Bettendorf, Iowa
Lender type: FHA/HUD
Loan sub-type: Permanent fixed
Winning quote: Borrower's objective was to maximize proceeds while locking in the longest term possible. Freddie Mac was constrained to 70%, and Fannie Mae was constrained to 65%, making HUD the clear winner.

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.