Finance i Ohio

NorthMarq closes $3.4 million of financing for Cincinnati office property

NorthMarq closes $3.4 million of financing for Cincinnati office property,ph01

Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati office, arranged the $3.4 million refinance of Eastgate Professional Office in Cincinnati.

The 36,000-square-foot office property at 4358 & 4360 Ferguson Road. The transaction was structured with a seven-year term on a 20-year amortization schedule.

NorthMarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.