NorthMarq Capital negotiates $5 million refinance of Stonegate Apartments in Cedar Rapids, Iowa
Stonegate Apts
OMAHA (June 16, 2015) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office finalized the $5 million refinance of Stonegate Apartments, a 108-unit multifamily property located at 4200 Armar Drive SE in Cedar Rapids, Iowa. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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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.
