NorthMarq Capital’s Omaha office finalizes $33.075 million refinance of Woodland Reserve Apartments in Ankeny, Iowa
OMAHA (September 19, 2016) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha-based regional office, arranged a $33.075 million refinance of Woodland Reserve Apartments, a 376-unit multifamily property located at 170 NE 41st Street in Ankeny, Iowa. The transaction was structured with a 10-year term followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.