Northmarq’s Cincinnati office secures $9.376 million refinance of a two-property multifamily portfolio

Kettering Prime Portfolio
Debt & Equity
Multi-Tenant
Multifamily
Permanent Loan - Fixed
Fannie Mae
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CINCINNATI (Dec. 4, 2023) — Noah Juran, senior vice president and managing director of Northmarq’s Cincinnati Debt + Equity office, has secured the $9.376 million refinance of the Kettering Prime Portfolio which includes Prime W (78 units) and Prime Square (60 units) apartments. Juran secured the permanent fixed rate loan on behalf of the borrower through Northmarq’s in-house Fannie Mae DUS Platform. The transaction was structured on a 10-year term.

Built in 1972 and recently renovated in 2021, Prime W offers large studio apartments with fully equipped kitchens and walk-in closets. The property includes two low-rise buildings in the Dayton MSA. 

Prime Square, conveniently located in the heart of Kettering, features one- and two-bedroom apartment homes with easy access to major highways, shopping and schools. The three-building property was built in 1970 and renovated in 2022.

Learn more about Northmarq’s financing services here.

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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.
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