Susan Branscome concludes $8.4 million refinance of Alton Corners Shopping Center in Alton, Illinois
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.
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.
