Susan Branscome, senior vice president and managing director of NorthMarq Capital’s Cincinnati-based regional office, arranged acquisition financing of $24.64 million for a 250-unit multifamily property in Cincinnati.
The transaction was structured with a 10-year term with five years of interest-only followed by a 25-year amortization schedule.
NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
