NorthMarq’s Cincinnati office arranges $2 million refinance of Best Buy location in Elizabethtown, Kentucky
Best Buy
CINCINNATI, OHIO (August 6, 2019) – Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati-based regional office, secured the $2 million refinance of a 20,000 sq. ft. Best Buy property located at 2050 North Dixie Highway in Elizabethtown, Kentucky. The permanent-fixed loan was structured with a 10-year term on a 15-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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.
