Hospitality - Debt

NorthMarq Capital

NorthMarq Capital’s Noah Juran inks $2,876,000 refinance of Quality Inn and Suites in Cincinnati, Ohio

CINCINNATI (November 12, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati office arranged the $2.876 million refinance of Quality Inn & Suites, a 54-room hospitality property located at 130 West Mitchell Avenue in Cincinnati, Ohio. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.  

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.