NorthMarq Capital negotiates acquisition financing of $1.52 million for Hidden Hills Apartments in Cincinnati, Ohio
CINCINNATI (October 13, 2016) – Noah Juran, vice president of NorthMarq Capital’s Cincinnati-based regional office, arranged acquisition financing of $1.52 million for Hidden Hills Apartments, a 62-unit multifamily property located at 177 Caldwell Drive in Cincinnati, Ohio. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of more than $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.
