NorthMarq Capital's Omaha ofice arranges two refinance deals totaling $6.67 million
Rock Valley Shopping Center & Miracle Hills Office
OMAHA, NE (October 21, 2013) – Jason Kinnison, vice president of NorthMarq’s Omaha-based regional office, secured refinancing of $6.67 million for two separate assets. Rock Valley Shopping Center, a 63,000 sq. ft. retail property located in Rock Island, IL was refinanced for $1,875,000. Miracle Hills Office Buildings, a four building asset located in Omaha, NE was refinanced for $4,796,500. Financing for both deals was based on 13-year term and a 13-year amortization schedule and was arranged for the borrowers through NorthMarq through its relationship with a correspondent life company.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
