Susan Branscome concludes $8.4 million refinance of Alton Corners Shopping Center in Alton, Illinois
Alton Corners Shopping Center
CINCINNATI, OHIO (September 3, 2019) – Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati-based regional office arranged the $8.4 million refinance of Alton Corners Shopping Center. The 50,063 sq. ft. retail property is located at 309-319 Horner M Adams Parkway in Alton, Illinois. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
Producer Quote:
“We secured an 80% loan-to-value loan from a commercial bank at very competitive terms. The loan closed without any issues.”
- Susan Branscome
The transaction was featured in REJournals.com.
About Northmarq
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.
