Finance i Ohio

NorthMarq closes $11 million refinancing of Dayton office property

NorthMarq closes $11 million refinancing of Dayton office property,ph01

Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati regional office, arranged the $11.25 million refinance of Mission Point, a 91,232-square-foot office property at 2601 Mission Point Blvd. in Dayton, Ohio.

The permanent-fixed loan was structured with a 10-year term on a 30-year amortization schedule.

NorthMarq arranged financing for the borrower through its relationship with a CMBS lender.