December 9, 2015

NorthMarq Capital’s Cincinnati office arranges acquisition financing of $1.481 million for Williamstown Apartments

Williamstown Apts

Debt & Equity

Multi-Tenant

CINCINNATI (December 9, 2015) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati regional office arranged acquisition financing of $1.481 million for Williamstown Apartments, a 72-unit multifamily property located at 5500 Glengate Lane in Cincinnati, Ohio. The transaction, which featured a 37-day closing, was structured with a 5-year term (18-months interest-only) followed by a 25-year amortization schedule. NorthMarq arranged financing for the out-of-state borrower through its relationship with a local bank.

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.