NorthMarq Capital’s Noah Juran finalizes $1.33 million refinance of Sutton Avenue Apartments in Cincinnati, Ohio

Sutton Avenue Apts
ee0f6d48-187e-4585-9952-7d2e8bb0df71.jpg

CINCINNATI (May 18, 2017) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati regional office, secured the $1.33 million refinance of Sutton Avenue Apartments, a 59-unit multifamily property located at 1732 Sutton Avenue in Cincinnati, Ohio. The transaction was structured with a 10-year term with 3-years interest only followed by 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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

Image
NM Web Icon News Black

Stay on top of industry research