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OhioFinance

NorthMarq arranges acquisition loan for 161-unit apartment community in Cincinnati

April 20, 2018
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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.

 

 

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CincinnatifinanceNoah JuranNorthMarqOhio
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