Arranges $7.366 million refinancing for Woodlands Creek in Clive, Iowa
Woodlands Creek
OMAHA (September 22, 2014) – Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha based regional office secured the $7.366 million refinance for Woodlands Creek, a 70 unit senior housing facility located at 12605 Woodlands Parkway in Clive, Iowa. The transaction was structured with a 35-year term and 35-year amortization schedule. NorthMarq arranged this HUD loan for the borrower, Dial-Clive Assisted Living, L.P., through its affiliate AmeriSphere Finance, LLC.
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.