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Nebraska

Lund Co. Brokers Sale of 470-Unit Apartment Property in Omaha

OMAHA — Cushman & Wakefield/The Lund Co. has brokered the sale of Grandridge Apartments in Omaha for an undisclosed price. The 470-unit apartment property is located at 5439 N. 100th Plaza along I-680. Scott Koethe of Cushman & Wakefield/The Lund Co. represented the New York-based seller. Monarch Investment & Management Group purchased the asset.

February 12, 2018

Bellwether Enterprise Arranges $55.8M Acquisition Financing for Workforce Housing Property in Lincoln, Nebraska

LINCOLN, NEB. — Bellwether Enterprise Real Estate Capital LLC has arranged a $43 million acquisition loan and a $12.8 million equity placement for Links at Lincoln in Nebraska. The 612-unit workforce housing property is situated on 100 acres. Residents have access to the onsite nine-hole golf course. Other amenities include a fitness center, tennis court, playground, hot tub and tanning rooms. Phil Melton and John Roberts of Bellwether Enterprise arranged the $43 million Freddie Mac loan...

February 8, 2018

NorthMarq Arranges $31M Refinancing for Apartment Property in Omaha

OMAHA — NorthMarq Capital has arranged a $31 million loan for the refinancing of Park 120 in Omaha. The apartment property features 282 units. Josh Larsen of NorthMarq arranged the 12-year loan, which features a 30-year amortization schedule. A life insurance company provided the loan.

January 29, 2018

Darland Completes Construction of 180,000 SF Headquarters for Truck Center Cos. in Omaha

OMAHA — Darland Construction Co. has completed the new corporate headquarters and dealership for Truck Center Cos. in Omaha. The 180,000-square-foot property is located on a 26-acre site at the corner of I-80 and Highway 50. The two-building project features a full-service body shop, 60 service bays, an on-site diesel tech training center and a 34,000-square-foot parts warehouse. Darland completed the project more than two months ahead of schedule. Schemmer was the project architect.

January 19, 2018

NorthMarq Arranges $1.8M Acquisition Financing for Apartment Property in Omaha

OMAHA — NorthMarq Capital has arranged a $1.8 million loan for the acquisition of Colonial Park Apartments in Omaha. The 42-unit apartment property is located at 3084 S. 40th St. Josh Larsen of NorthMarq arranged the loan with Readycap Commercial LLC via the Freddie Mac small balance loan program. The 10-year loan features a 30-year amortization schedule.

January 17, 2018

Why Omaha Multifamily Market Is Golden for Investor Opportunities

The national love affair with the multifamily sector may be starting to cool, but the Omaha market is just coming of age and heating up. “Overall, it was a strong third quarter, which was a nice surprise,”said Michael Cohen, CoStar Group director of advisory services, during his State of the Multifamily Market Third Quarter Review and Outlook on Nov. 1. “We’re still in the golden age for multifamily, but we're seeing signs of a gradual slowdown in the apartment market.” [caption..

December 14, 2017

Lund Co. Brokers $19.9M Sale of Multifamily Portfolio in Metro Omaha

OMAHA, NEB. — Cushman & Wakefield/The Lund Co. has brokered the sale of a 295-unit multifamily portfolio in metro Omaha for $19.9 million. Fireside Village is a 180-unit property located at 8214 Wilson Drive in Ralston. Chateau Apartments is a 115-unit property located at 401 Cheateau Drive in Bellevue. Although the portfolio was marketed as a whole, two separate buyers purchased the buildings. Vukota Capital purchased Fireside Village, while Strategic Funding Partnership acquired Chateau..

November 27, 2017

NorthMarq Arranges $24.4M Refinancing for Apartment Building in Omaha, Nebraska

OMAHA, NEB. — NorthMarq Capital has arranged a $24.4 million Freddie Mac loan for the refinancing of Broadmoor Hills Phase III in Omaha. The 192-unit apartment building is located at 18440 West Dodge Hills Plaza. Community amenities include a fitness center, pool, indoor basketball court and resident movie theater. Jason Kinnison of NorthMarq arranged the loan for the borrower through its seller/servicer relationship with Freddie Mac.

November 16, 2017

NorthMarq Arranges $32M Refinancing for Apartment Property in Omaha

OMAHA, NEB. — NorthMarq Capital has arranged a $32 million Freddie Mac loan for the refinancing of Broadmoor at Aksarben Village in Omaha. The 258-unit apartment property is located at 2225 South 64th Plaza. Amenities include a fitness center, movie theater, business center, clubhouse and resort-style pools. Jason Kinnison of NorthMarq arranged the loan.

November 9, 2017

Prime Time Healthcare Signs 27,810 SF Office Lease in Omaha, Nebraska

OMAHA, NEB. — Prime Time Healthcare LLC has signed a 27,810-square-foot office lease in Omaha. The property is located at 15380 Weir St. Luke Wertz of Cresa Omaha represented the staffing agency for the healthcare industry in the lease transaction. Walnut Grove Plaza LLC is the property landlord.

November 7, 2017