NorthMarq Arranges $24M Refinancing for Multifamily Property in Lincoln, Nebraska
LINCOLN, NEB. — NorthMarq has arranged a $24 million loan for the refinancing of Flats at Shadow Creek in Lincoln. The 219-unit multifamily property is located at the intersection of 90th and O streets. Amenities include a pet wash station, clubhouse, fitness center, yoga studio, pool, hot tub and outdoor grills. John Reed of NorthMarq arranged the fixed-rate loan, which is fully amortized over 25 years. A life insurance company provided the loan.