Retail i Ohio

Northmarq Capital arranges nearly $2 million in financing for two retail properties

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NorthMarq Capital’s Cincinnati office arranged acquisition financing for a Dollar Tree property and Dollar General totaling a combined $1.98 million.

NorthMarq Capital’s Cincinnati office arranged acquisition financing for a Dollar Tree property and Dollar General totaling a combined $1.98 million.

The Dollar Tree is located at 718 South Broadway in Portland, Tennessee, and the Dollar General is located at 520 US-171 in Many, Louisiana.

The transactions were structured with 10-year terms and 20-year amortization schedules.

Noah Juran with NorthMarq arranged financing for the borrower, an out-of-market buyer in a 1031 exchange, through its relationship with two local banks.