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