NorthMarq Capital’s Cincinnati office negotiates $1.74 million refinance of two industrial properties in Loveland and Cincinnati
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.
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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.
