NorthMarq Capital arranges $14.9 million in financing for Linden Pointe in Cincinnati, Ohio
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.”
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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
