OMAHA, NEB.—John Bendon, senior vice president and managing director, and Jason Kinnison, vice president, of NorthMarq’s Omaha Regional office, arranged first mortgage refinancing of $25.39 million for The Traditions and West Pacific Crossing in Omaha, Neb.
This asset consists of a 250-unit, Class A apartment project and an adjacent 39,000-sq.-ft. retail center.
Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.
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