Multifamily - Debt

Noah Juran arranges $6,072,000 refinance of Norse Landing Apartments located in Cold Spring, Kentucky

CINCINNATI, OHIO (October 7, 2019) – Noah Juran  secured refinancing of $6,072,000 for Norse Apartments, located at 1062 Davjo Drive in Cold Spring, Kentucky (Cincinnati, MSA). 

Financing Details:
– 10-year term
– 30-year amortization schedule
– Permanent-fixed loan
– NorthMarq arranged financing for the repeat borrower through its relationship with a regional bank. 

Property Details:
– 130 units
– Amenities include: Air conditioning, heating, tub/shower, wheelchair accessible rooms, carpet, parking spaces, furnished kitchen with oven/refrigerator.

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.