NorthMarq Capital’s Cincinnati office completes cash-out refinance of single-family rental portfolio in Columbus, Ohio
Multifamily Portfolio
CINCINNATI (October 29, 2015) – Noah Juran, vice president of NorthMarq Capital’s Cincinnati based regional office negotiated the cash-out refinance of a portfolio of single-family rentals in Columbus, Ohio, with a combined 15-units. The transaction, featuring an 80 percent LTV was arranged with a 10-year fixed-rate term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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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.
