Senior Housing - Debt

NorthMarq Capital

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 Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit