Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati office, arranged acquisition financing for a 161-unit multifamily property in Cincinnati.
The transaction was structured with a 15-year term with three years of interest-only payments followed by a 30-year amortization schedule.
NorthMarq arranged financing for the borrower through its relationship with Fannie Mae.
Apartment amenities include hardwood floors, washer/dryer hook-ups and large closets.
