Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Noah Juran arranges acquisition financing for multifamily in Cincinnati, Ohio

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.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.