Multifamily - Debt

NorthMarq Capital

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.

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 $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.