AndMark & Trinity Multifamily Enter Nebraska
AndMark Investment Fund IV purchased Sorenson Square, an 84-unit, garden-style apartment community located in Omaha, NE, approximately seven miles from the city’s downtown. Financing for the property provided by Berkadia. This property will be managed by Trinity Multifamily, whom also manages many of AndMark’s forty plus properties throughout the Midwest.
Located in North Omaha, Sorensen Square Apartments is directly across the street from Roncalli Catholic High School, and adjacent to Pinewood Elementary and Nathan Hale Middle School. The property is a block away from CHI Health Immanuel Medical Center, and within a few miles of shopping and entertainment venues. The location also offers a short and easy drive for residents commuting to Downtown, Council Bluffs, West & Central Omaha, and Eppley Airfield.
The property is beautifully landscaped and features a mix of one-, two-, and three- bedroom units, ranging in size from 600 to 1,200 square feet. Apartment amenities include fully-equipped kitchen with refrigerator, stove, microwave, air conditioning, hardwood floors, and fireplaces.
Dave Pinson, President and CEO of Trinity Multifamily said “The addition of Sorenson Square Apartments allows us the opportunity to not only enter into our 15th State but also to grow our footprint in the region. We continue to search for other properties in the area.
About AndMark: AndMark Management Company manages several private equity funds that invest exclusively in Class B and C workforce housing in secondary and tertiary markets in the United States. They currently own over 7,000 units across 15 states, and seek to acquire another 10,000 units over the next 24 months as they deploy the equity capital from AndMark Fund IV. Further information about AndMark can be found at andmarkfunds.com
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