September 19, 2017

NorthMarq Capital completes $3.5 million refinance for Riverstone Court Apartments in Cincinnati, Ohio

Riverstone Court Apts

Debt & Equity

Multi-Tenant

CINCINNATI (September 19, 2017) Susan Branscome, managing director and Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, finalized the $3.5 million refinance of Riverstone Court Apartments, an 87-unit multifamily property located in Cincinnati, Ohio. The transaction was structured with a 7-year term with two years of interest only, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.

Available Multifamily properties

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.