NorthMarq Capital’s Cincinnati office negotiates $1.74 million refinance of two industrial properties in Loveland and Cincinnati
Two Industrial Properties
CINCINNATI (November 2, 2016) – Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati-based regional office finalized the $1.74 million refinance of two industrial properties, containing a combined 90,844 sq. ft. The properties include a Brooks Equipment (located at 106 Northeast Drive in Loveland, Ohio) and a Rent-A-Center (located at 1019 Seabrook Way in Cincinnati, Ohio). The transaction was structured with a fully amortizing 10-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
