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OhioFinance

NorthMarq closes $3.4 million of financing for Cincinnati office property

July 25, 2019
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Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati office, arranged the $3.4 million refinance of Eastgate Professional Office in Cincinnati.

The 36,000-square-foot office property at 4358 & 4360 Ferguson Road. The transaction was structured with a seven-year term on a 20-year amortization schedule.

NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.

 

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