Multifamily - Debt

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

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. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.