NorthMarq Capital's Cincinnati office arranges $2.6 million refinance for Kedrion Biopharma in Rock Hill, South Carolina
Kedrion Biopharma
CINCINNATI (June 21, 2016) – Susan Branscome, senior vice president of NorthMarq Capital’s Cincinnati-based regional office, arranged refinancing of $2,600,000 for Kedrion Biopharma, a 13,000 sq. ft. medical property located at 1843 Cherry Road, Rock Hill, South Carolina. The transaction was structured with a 20-year term, 20-year amortization schedule and financed by Symetra Financial. KEDplasma represents the property’s major tenant. “Susan Branscome and her team met our financing goals and closed the deal. Susan closes all of our permanent loans; she finds the best financing options and always gets the job done,” said Michael H. Stough, President and CEO, The Stough Group, which owns the asset.
About Northmarq
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.
