NorthMarq Capital finalizes $2.25 million refinance of Bellflower Townhomes in Bellflower, California

Bellflower Townhomes
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CINCINNATI (August 28, 2017) Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, secured the $2.25 million refinance of Bellflower Townhomes, a 13-unit multifamily property located at 8752-8764 Ramona Street in Bellflower, California. The transaction was structured with a 15-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a 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 more than $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.