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