Multifamily - Debt

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

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.

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.