NorthMarq Capital’s Cincinnati office arranges $2.5 million acquisition financing for Country Lane Apartments in Lexington, Kentucky

Country Lane Apts

CINCINNATI (February 28, 2018) – Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $2.5 million for Country Lane Apartments, a 84-unit multifamily property located at 1328-1344 Devonport Drive in Lexington, Kentucky. The non-recourse transaction featured a 75 percent LTC and was structured with a 3-year interest only term. NorthMarq arranged financing for the borrower through a bridge lender.

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:

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