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NorthMarq Arranges $27M Refinancing Loan for Multifamily Property in Iowa

Broadmoor at Jordan Creek II is a 250-unit apartment property located at 6500 Ep True Parkway

Broadmoor at Jordan Creek II is a 250-unit apartment property located at 6500 Ep True Parkway

WEST DES MOINES, IOWA — NorthMarq Capital has arranged a $27 million refinancing loan for a 250-unit multifamily property in West Des Moines. Broadmoor at Jordan Creek II is located at 6500 Ep True Parkway. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged the financing for the undisclosed borrower through Freddie Mac.

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