NorthMarq Capital arranges acquisition financing of $4 million for Meridian & Main Retail located in Carmel, Indiana
CINCINNATI (August 9, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati regional office, secured acquisition financing of $4,000,000 for a 14,500 sq. ft. retail property, Meridian & Main, located at 1438 W Main Street, Carmel, Indiana. The transaction was structured with a 25-year term (15-year fixed rate) on a 25-year amortization schedule and the loan was closed in 45 days from the signed application. NorthMarq arranged financing for the borrower through its relationship with a correspondent life insurance company.
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