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OhioFinance

NorthMarq provides financing for 11-building multifamily portfolio in Cincinnati

July 22, 2019
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Noah Juran, senior vice president/senior director of NorthMarq‘s Cincinnati-based regional office, secured acquisition financing of $8.15 million for Queen City Portfolio, a collection of 11 multifamily properties containing a combined 337 units.

The properties are located throughout the Cincinnati MSA.

The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a local bank.

 

 

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CincinnatifinancemutifamilyNorthMarqOhio
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