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