Finance i Ohio

NorthMarq closes $4.4 million loan for Dayton retail plaza

NorthMarq closes $4.4 million loan for Dayton retail plaza,ph01

Noah Juran, senior vice president/senior director of NorthMarq’s Cincinnati-based regional office, completed acquisition financing of $4.4 million for Northwest Plaza, a 220,000-square-foot retail property at 3295 W. Siebenthaler Ave. in Dayton, Ohio.

The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a regional bank.