NorthMarq’s Noah Juran negotiates acquisition financing of $2,287,000 Middleton and Shiloh Student Housing in Cincinnati, Ohio
Middleton & Shiloh Student Housing
CINCINNATI, OHIO (March 19, 2019) – Senior Vice President/Senior Director of NorthMarq’s Cincinnati-based regional office Noah Juran arranged acquisition financing of $2,287,000 for Middleton and Shiloh Student Housing, two student housing properties consisting of 22-units located at 3421 Middleton Avenue and 358 Shiloh Street in Cincinnati, Ohio. The transaction was structured with a 6.5-year term with 1.5-years of interest-only followed by a 25-year amortization schedule. NorthMarq arranged the permanent-floating transaction for the borrower through its relationship with a regional bank.
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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.
