November 9, 2015

NorthMarq Capital’s Cincinnati office completes $2.25 million refinance of University Hilltop Apartments in Chillicothe, Ohio

University Hilltop Apts

Debt & Equity

Multi-Tenant

CINCINNATI (November 9, 2015) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati regional office arranged the $2.25 million refinance of University Hilltop Apartments, an 84-unit multifamily property located at 590-600 W. Fifth Street in Chillicothe, Ohio. The non-recourse transaction was structured with a fixed rate for the fully amortizing 20-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

Available Multifamily properties

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.