NorthMarq Capital’s Cincinnati office finalizes $10.7 million refinance of Riverfront Place in Newport, Kentucky
CINCINNATI (January 15, 2018) – Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati office, arranged the $10.7 million refinance of Riverfront Place, a 184,509 sq. ft. office property located at 300 Dave Cowens Drive in Newport, Kentucky. The transaction was structured with a 10-year term on a 20-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 $52 billion. For more information, visit www.northmarq.com.
