CBRE closes $4.8 million in financing for Omaha-area apartment complex June 3, 2021
CBRE has arranged $4.875 million in long-term financing for Orleans Square Apartments, an 83-unit multifamily complex in the Ralston Suburb of Omaha, Nebraska.
Josh Larsen, a vice president in CBRE’s Omaha office and part of CBRE’s Capital Markets’ Debt & Structured Finance group represented the borrower, Thrive Street Living, in the financing transaction through CBRE’s Freddie Mac’s Small Loan Balance loan program.
The 10-year, $4.875 million loan has a fixed rate of 3.26 percent with and is amortized over 30 years.