Northmarq arranges $2.7 million refinancing of 45-unit multifamily property in Lima, Ohio
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.
Meet our team
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.
