NorthMarq Capital’s Cincinnati office completes cash-out refinance of single-family rental portfolio in Columbus, Ohio
Multifamily Portfolio
CINCINNATI (October 29, 2015) – Noah Juran, vice president of NorthMarq Capital’s Cincinnati based regional office negotiated the cash-out refinance of a portfolio of single-family rentals in Columbus, Ohio, with a combined 15-units. The transaction, featuring an 80 percent LTV was arranged with a 10-year fixed-rate term and 20-year amortization schedule. NorthMarq arranged financing 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.
