NorthMarq Capital’s Orlando office arranges $26 million refinance of Charleston at Blue Ash in Cincinnati, Ohio
ORLANDO (March 9, 2016) – NorthMarq Capital’s Orlando based regional office arranged a $26 million bridge loan to refinance the Charleston at Blue Ash, a 242-unit multifamily property located in Cincinnati, Ohio. The transaction was structured with a 2-year interest-only term. NorthMarq arranged financing for the borrower through its relationship with a national bridge lender, NXT Capital Real Estate Finance.
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.
