FINANCED
Noah Juran Of Northmarq Arranges $6.1M Refinancing Deal For 62.7K SF Ohio Retail Portfolio
6600 Dixie Highway & 1333 East Kemper Road
Retail
62,720 SF
62,720 SF
Financed 347 days ago
Summary
Loan
OHIO
Retail
62,720 sqft
A $6.1 million refinancing deal was arranged by Noah Juran of Northmarq for a portfolio of four properties in Cincinnati. The portfolio, totaling 62,720 square feet, is 99 percent occupied and consists of retail assets. The properties are located at 6600 Dixie Highway and 1333 East Kemper Road in Fairfield and Cincinnati, Ohio.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,100,000
- Loan Type: Refinance
- Loan Terms: A permanent fixed-rate loan was structured on a three-year term with annual rate resets thereafter
The borrower in this deal received a return of equity, while the lender secured stable assets with strong cash flow.
Players
All
2
Agents
1
Agencies
1
Details
FINANCED
IMAGE: Noah Juran
DATE: 05/31/2023
ADDRESS: 6600 Dixie Highway & 1333 East Kemper Road
MARKET: Fairfield & Cincinnati, Ohio
ASSET TYPE: Retail ~ SF: 62,720
BROKER: Noah Juran - Northmarq
LOAN AMOUNT: $6,100,000
LOAN TYPE: Refinance
LOAN TERMS: permanent fixed-rate loan was structured on a three-year term with annual rate resets thereafter
NOTE: Noah Juran of Northmarq arranged a $6.1 million refinancing deal for a 99 percent occupied portfolio of four properties totaling 62,720 square feet in Cincinnati. The borrower received a return of equity, while the lender obtained stable assets with strong cash flow.View on map
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Address6600 Dixie Highway & 1333 East Kemper Road
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