Noah Juran finalizes $5,510,000 refinance of Royal Cove Apartments in Fort Thomas, Kentucky

CINCINNATI, OHIO (October 7, 2019) – Noah Juran arranged the $5,510,000 refinance of Royal Cove Apartments, located at 200 Waterworks Road in Fort Thomas, Kentucky (Cincinnati MSA).
Financing Details:
- 10-year term
- 30-year amortization schedule
- Permanent-fixed loan
- NorthMarq arranged financing for the borrower through its relationship with a regional bank.
Property Details:
- 96 units
- Apartment amenities include: Air conditioning, dishwasher, balcony, hardwood flooring, cable ready, pet friendly and new/renovated interior. Community amenities include: Credit card payments accepted, on-site maintenance, on-site management and close proximity to Hwy 471.
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.