Retail - Debt


NorthMarq Capital’s Cincinnati office arranges $1.475 million for Midway Retail Center in Florence, Kentucky

CINCINNATI (June 16, 2015) – Susan Branscome, managing director of NorthMarq Capital’s Cincinnati office arranged the $1.475 million non-recourse loan on Midway Retail Center, a 12,938 sq.ft. property located at 7951-7961 Mall Road in Florence, Kentucky. The transaction was structured with a 10-year term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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.