NorthMarq negotiates $6.1 million refinance for Wright Executive Center in Fairborn, Ohio
CINCINNATI, OHIO (December 5, 2019) – Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati-based regional office finalized the $6.1 million refinance of Wright Executive Center. The office property is located at 2900-3000 Presidential Drive in Fairborn, Ohio.
Financing Details:
- 10-year term
- 22-year amortization schedule
- NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.
Property Details:
- The property contains 119,473 sq. ft.
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.
