Northmarq Arranges $5.3M Loan for Refinancing of Retail Strip Center in Omaha

Clocktower Village totals 44,000 square feet.

OMAHA, NEB. — Northmarq has arranged a $5.3 million loan for the refinancing of Clocktower Village in Omaha. The retail strip center spans 44,000 square feet and is located at 605 N. 98th St. John Reed of Northmarq arranged the fixed-rate loan, which features a 10-year  term and a 25-year amortization schedule. A local credit union provided the loan.