NorthMarq Capital arranges acquisition financing of $5,555,000 for retail center in Columbus, Ohio
Retail Center
CINCINNATI (March 22, 2017) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati regional office, arranged acquisition financing of $5,555,000 for a 26,692 sq. ft. retail property located in Columbus, Ohio. The transaction was structured with a 12-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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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.
