NorthMarq’s Cincinnati office arranges $2 million refinance of Best Buy location in Elizabethtown, Kentucky
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.
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.
