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.
“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.