NorthMarq Capital arranges refinancing of $3 million for Woodgrove Point Apartments in Cincinnati, Ohio

CINCINNATI (August 9, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati regional office, arranged refinancing of $3,000,000 for Woodgrove Point Apartments, consisting of 100-units located at 3312 W. Galbraith Road, Cincinnati, Ohio. The transaction was structured with a 20-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life insurance company.
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.