CINCINNATI (July 16, 2018) – Susan Branscome, senior vice president of NorthMarq Capital’s Cincinnati regional office, arranged refinancing of $3,000,000 for D&W Fresh Market, a 62,139 sq. ft. property located at 50 Douglas Avenue in Holland, Michigan. The transaction was structured with a 20-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
“Susan Branscome and the folks from NorthMarq Capital did a great job securing excellent loan terms with a life insurance company for our purchase of this asset. The loan approval and closing were very smooth and efficient. We appreciate the work Susan and NorthMarq did for us,” said Thomas Bowers, president of Anchor Properties.