NorthMarq Capital’s Cincinnati office arranges acquisition financing of $1,976,100 for two single tenant properties
Dollar Tree & Dollar General
CINCINNATI (May 4, 2016) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati-based regional office, arranged separate acquisition financing, totaling a combined $1,976,100, for a Dollar Tree property located at 718 South Broadway in Portland, Tennessee and a Dollar General property located at 520 US-171 in Many, Louisiana. The transactions were structured with 10-year terms and 20-year amortization schedules. NorthMarq arranged financing for the borrower, an out-of-market buyer in a 1031 exchange, through its relationship with two local banks.
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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.
