GREEN PARK FINANCIAL PROVIDES $5.18 MILLION ACQUISITION LOAN

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LINCOLN, NEB. — Green Park Financial has provided a $5.18 million acquisition loan for Claremont Apartments, an 89-unit student housing property located in Lincoln. The loan carries a 9-year term with 1 year extended maturity, 5 years interest only and a 30-year amortization. It has an 80 percent loan-to-value ratio with a 1.20x debt-service coverage ratio. The borrower is Prime Property Investors. Will Baker of Green Park Financial originated the loan.

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