NorthMarq Capital's Cincinnati office arranges acquisition financing of $5.4 million for Sharon View Corporate Center in Sharonville, Ohio
CINCINNATI (July 11, 2016) – Noah D. Juran, vice president of NorthMarq Capital’s Cincinnati-based regional office, arranged acquisition financing of $5,450,000 for Sharon View Corporate Center, a 160,000 sq. ft. office property located at 11499 Chester Road in Sharonville, Ohio. Juran closed the bridge loan in 35 days to meet the purchase contract deadlines. The transaction was structured at 75 percent loan-to-cost with a three year term with three years of interest only and a fixed interest rate of 5.57 percent. NorthMarq arranged financing for the borrower through its relationship with a national non-bank lender.
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