NorthMarq Capital arranges acquisition financing of $4,275,000 for Union Hill Apartments in Dayton, Ohio

Union Hill Apts
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CINCINNATI (June 22, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $4,275,000 for Union Hill Apartments consisting of 100 units, located at 1735 Mars Hill Drive, Dayton, Ohio. The transaction was structured with a 7-year term (with 2-years interest only) on a 30-year amortization schedule. 

Union Hill Apartments feature hardwood floors, a state-of-the-art fitness center, pool, and convenient on-site parking options. The Miamisburg/Moraine area is known for its contribution to Ohio’s industrial economy, its abundance of retail establishments, and its excellent school systems. The area is attractive to individuals who enjoy the suburban setting while experiencing the benefits of living in a tight-knit community. 

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 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.