Northmarq arranges $2.7 million refinancing of 45-unit multifamily property in Lima, Ohio
111 Cam Court
MIAMI (May 22, 2023) — Jaspaul Kapoor, senior vice president in Northmarq’s Miami debt/equity office, arranged refinancing of $2.7 million for a 45-unit multifamily property in Lima, Ohio. The property, built in 1977, is located at 111 Cam Court. The transaction was structured with a 10-year term. Northmarq secured the permanent fixed loan for the borrower through Northmarq’s Fannie Mae platform.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
