Multifamily - Debt


NorthMarq finalizes $1.46 million refinance of Meadows at Thornville Apartments in Thornville, Ohio

CINCINNATI, OHIO (June 25, 2020) – Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office, completed the $1.46 million refinance of Meadows at Thornville Apartments. The 40-unit multifamily property is located at 1-10 Meadows Drive in Thornville, Ohio. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through Freddie Mac’s SBL program.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.