NorthMarq Capital’s Minneapolis office closes $5.38 million acquisition of Bridgeport Apartments in Fargo, North Dakota
Bridgeport Apts
MINNEAPOLIS (September 7, 2017) Patrick Minea, executive vice president of NorthMarq Capital’s Minneapolis regional office, arranged acquisition financing of $5,380,000 for Bridgeport Apartments, a 120-unit multifamily property located in Fargo, North Dakota. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac. “Sterling REIT is a top tier company and NorthMarq was proud to assist in the financing,” said Minea.
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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.
