Office - Debt

NorthMarq’s Cincinnati office arranges $3.4 million refinance of Eastgate Professional Office Park I & II

CINCINNATI, OHIO (July 24, 2019) – Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati office arranged the $3.4 million refinance of Eastgate Professional Office. The 36,000 sq. ft. office property is located at 4358 & 4360 Ferguson Road in Cincinnati, Ohio. The transaction was structured with a 7-year term on a 20-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company. 

“This was a unique property which was in lease-up and required tenant finish. Prepayment was flexible. We found the perfect lender for this transaction,” said Branscome. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.