NorthMarq Capital’s Cincinnati office negotiates $3.5 million refinance of Comfort Inn in Blue Ash, Ohio
CINCINNATI (January 9, 2017) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati-based regional office, arranged the $3.5 million refinance of an 80-unit Comfort Inn located at 4640 Creek Road in Blue Ash, Ohio. The transaction was structured with a 5-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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.