NorthMarq Capital’s Minneapolis office arranges $7,850,000 refinance of a 7-Hi Retail Center in Minnetonka, Minnesota
MINNEAPOLIS (August 9, 2017) Dan Trebil, senior vice president/ managing director of NorthMarq Capital’s Minneapolis regional office, negotiated refinancing of $7,850,000 for 7-Hi Retail Center, a 36,226 sq. ft. retail property located in Minnetonka, Minnesota. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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