NorthMarq Capital’s Cincinnati office arranges $3,150,000 acquisition financing for Forestview Apartments in Cincinnati, Ohio

CINCINNATI (July 5, 2017) Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $3,150,000 for Forestview Apartments, a 137-unit multifamily property located in Cincinnati, Ohio. The transaction was structured with a five-year loan term on a 30-year amortization schedule with one year interest-only. NorthMarq arranged financing for the borrower through its relationship with a local credit union.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.