NORTHMARQ ARRANGES $11.5M LOAN FOR APARTMENTS IN IOWA

COUNCIL BLUFFS, IOWA — NorthMarq’s Omaha regional office has arranged a $11.5 million first-mortgage loan for the refinancing of Valley View Apartments in Council Bluffs, located about 10 miles east of Omaha. The 258-unit, market-rate multifamily community is located at 720 Valley View Drive. Jason Kinnison, vice president at NorthMarq, arranged the 20-year, self-amortizing loan. A life insurance company provided the loan.