NorthMarq arranges first mortgage refinancing of apartment-and-retail

The Traditions

John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, with NorthMarq?s Omaha Regional office recently arranged first mortgage refinancing of $25.39 million for The Traditions and West Pacific Crossing in Omaha.

This asset consists of a 250-unit Class-A apartment project and an adjacent 39,000-square-foot neighborhood retail center.

Financing was based on a 10-year term and a 30-year amortization schedule.

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Tags: apartmentandretail, arranges, first, Mortgage, NorthMarq, Omaha, project, refinancing

This entry was posted on Sunday, August 26th, 2012 at 3:13 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Source: http://www.midwesternrealestate.org/real-estate-news/northmarq-arranges-first-mortgage-refinancing-of-apartment-and-retail-project-in-omaha

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