REBusinessOnline

NORTHMARQ ARRANGES $15.22 MILLION MULTIFAMILY LOAN

COUNCIL BLUFFS, IOWA — John Bendon in the Omaha regional office of Minneapolis-based NorthMarq Capital has arranged approximately $15.22 million in first-mortgage financing for a multifamily property located in Council Bluffs. The loan for the 190-unit River Park Apartments was based on a 10-year term, with a 30-year amortization schedule. NorthMarq arranged financing for the newly constructed, Class A community through its seller/servicer relationship with Freddie Mac.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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