NorthMarq Capital’s Minneapolis office closes $21,500,000 refinance of BLN Office Park in Bloomington, Minnesota
BLN Office Park
MINNEAPOLIS (August 9, 2017) Dan Trebil, senior vice president/ managing director of NorthMarq Capital’s Minneapolis regional office, negotiated refinancing of $21,500,000 for BLN Office Park, a 336,294 sq. ft. office property located in Bloomington, Minnesota. The transaction was structured with a four-year interest-only loan term. NorthMarq arranged financing for the borrower through a debt fund bridge lender.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
