CINCINNATI (March 12, 2018) – Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing for a 161-unit multifamily property located in Cincinnati, Ohio. The transaction was structured with a 15-year term with 3-years of interest-only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Fannie Mae.
Apartment amenities include: cable ready, gas range, hardwood floors, washer/dryer hookup, carpeting, handrails and large closets. Community amenities include: book rental, clubhouse, concierge, covered parking, night patrol, high speed internet, library, package receiving, business center, clubhouse café, controlled/gated access, media room, laundry facilities, resource center and on-site management.