NorthMarq finalizes $1.46 million refinance of Meadows at Thornville Apartments in Thornville, Ohio

CINCINNATI, OHIO (June 25, 2020) – Noah Juran, senior vice president/managing director of NorthMarq’s Cincinnati office, completed the $1.46 million refinance of Meadows at Thornville Apartments. The 40-unit multifamily property is located at 1-10 Meadows Drive in Thornville, Ohio. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through Freddie Mac’s SBL program.
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.