NorthMarq arranges $13.5m refinance of Charleston Pines

FLORENCE, KY Susan Branscome, managing director of NorthMarq Capital’s Cincinnati office finalized the $13.5 million refinance of Charleston Pines, a 243-unit multifamily property located at 1700 Charleston Court in Florence, Kentucky. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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