REBusinessOnline

NorthMarq Arranges $8.1M Acquisition Loan for Multifamily Portfolio in Metro Cincinnati

The portfolio includes 11 properties totaling 337 units.

CINCINNATI — NorthMarq has arranged an $8.1 million loan for the acquisition of an 11-property multifamily portfolio located in metro Cincinnati. The properties range in size from eight to 58 units with a total unit count of 337. Noah Juran of NorthMarq arranged the loan with a local bank on behalf of the undisclosed borrower. The 10-year, fixed-rate loan has a 30-year amortization schedule.

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