Senior / Assisted Living
Debt & Equity

NorthMarq Capital arranges $3,305,200 refinance of St. Anne’s Senior Housing located in Minneapolis, Minnesota

MINNEAPOLIS (November 2, 2017) – Michael Padilla, vice president of NorthMarq Capital’s Minneapolis regional office, secured the $3,305,200 refinance of St. Anne’s Senior Housing, a 61-unit senior living facility located in Minneapolis, Minnesota. The transaction was structured with a fully-amortizing 35-year term. NorthMarq arranged financing for the borrower through its FHA platform.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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St. Anne’s Senior Housing
Permanent Loan - Fixed
$3,305,200