NorthMarq Capital completes $3.5 million refinance for Riverstone Court Apartments in Cincinnati, Ohio
Riverstone Court Apts
CINCINNATI (September 19, 2017) Susan Branscome, managing director and Noah Juran, vice president of NorthMarq Capital’s Cincinnati regional office, finalized the $3.5 million refinance of Riverstone Court Apartments, an 87-unit multifamily property located in Cincinnati, Ohio. The transaction was structured with a 7-year term with two years of interest only, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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.
