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Chicago & Midwest  + Midwest  + Retail  | 

Dayton-Area Retail Lands Acquisition Financing

NorthMarq’s Noah Juran recently completed acquisition financing of $4.4 million for Northwest Plaza, a 220,000-square-foot retail property in Dayton, OH. The borrower was not disclosed.

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.

“Our client, an out-of-state investor, required an 80% loan-to-purchase price on this retail center acquisition,” said Juran, a SVP with NorthMarq’s Cincinnati office. “We leveraged our relationship with a regional bank to provide a very competitive quote that met the borrower’s needs, and closed the deal with the same terms as the loan application.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦Sale/Acquisition
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