NorthMarq Capital’s Cincinnati office arranges $2,000,000 acquisition financing for Twin Hills Apartments in Park Hills, Kentucky
CINCINNATI (July 5, 2017) Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $2,000,000 for Twin Hills Apartments, a 65-unit multifamily property located in Park Hills, Kentucky. The transaction was structured with a 10-year loan term on a 30-year amortization schedule with one year interest-only. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.
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