NorthMarq’s Cincinnati office arranges $1.824 million refinance of Pumpkin Patch Apartments in Newark, Ohio
CINCINNATI, OHIO (May 28, 2019) – Noah Juran, senior vice president of NorthMarq’s Cincinnati-based regional office secured the $1,824,000 refinance of Pumpkin Patch Apartments, a 52-unit multifamily property located at 879 Empire Drive in Newark, Ohio. The permanent-fixed loan was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.