Multifamily - Debt

NorthMarq negotiates $1.1 million refinance of multifamily portfolio in Cincinnati, Ohio

CINCINNATI, OHIO (February 18, 2021) – Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office finalized the $1.1 million refinance of an apartment portfolio. The three multifamily properties, consisting of a combined 12 units, are located in the Oakley and Norwood neighborhoods of Cincinnati, Ohio. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a local bank. 

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 $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.