West Des Moines apartment complex gets $27 million refinance
BPC Staff Feb 10, 2016 | 9:43 pm
<1 min read time
65 wordsAll Latest News, Real Estate and DevelopmentNorthMarq Capital has negotiated a $27 million refinance of Broadmoor at Jordan Creek II, a 250-unit multifamily property at 6500 E.P. True Parkway in West Des Moines, according to a release. The transaction was structured with a 10-year term and 30-year amortization schedule. Jason Kinnison, senior vice president of NorthMarq Capital’s Omaha-based regional office, arranged the financing through the firm’s seller-servicer relationship with Freddie Mac.
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