NorthMarq Capital’s Cincinnati office arranges $1.42 million refinance for Gold Key Apartments in Cincinnati, Ohio
Gold Key Apts
CINCINNATI (May 24, 2017) Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, negotiated refinancing of $1,420,000 for Gold Key Apartments, a 44-unit multifamily property located in Cincinnati, Ohio. “Our client purchased the subject property in 2015,” said Juran. “The property is well located in the Madisonville neighborhood of Cincinnati which continues to see considerable re-investment as well as a high multifamily occupancy rate. Our client added substantial value through interior and exterior renovations, increased rents and management efficiencies all of which were well received by Freddie Mac who provided very competitive loan terms to meet the borrower's goals.”
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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.
