NorthMarq Capital arranges $14.9 million in financing for Linden Pointe in Cincinnati, Ohio

Linden Pointe
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CINCINNATI (October 2, 2018) – Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati regional office, arranged financing of $14.9 million for Linden Pointe, a 120,759 sq. ft. mixed-use property located at 4803-4805 Montgomery Road in Cincinnati, Ohio. The transaction was structured with a 10-year term with 2-years of interest-only followed by a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a CMBS lender. 

“Susan Branscome and her team at NorthMarq Capital worked hard to put together a CMBS/conduit loan for us which met all of our financing goals,” said Jessica Cheung, director of asset management at AI. Neyer. “The loan closed at the loan terms expected and we are happy with the financing.”

 

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.