NorthMarq Capital secures acquisition financing of $2 million for Incline Ridge Apartments in Cincinnati, Ohio
CINCINNATI (August 14, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati regional office, secured acquisition financing of $2,000,000 for Incline Ridge Apartments, a 30-unit multifamily property located at 2361-2377 Maryland Avenue, Cincinnati, Ohio. The transaction was structured with a 5-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.
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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 $52 billion. For more information, visit www.northmarq.com.
