May 23, 2013

Dan Trebil arranged $11.5 million mortgage for Broadway Village Apartments in New Hope, Minnesota

Broadway Village Apts

Debt & Equity

Multi-Tenant

MINNEAPOLIS (May 23, 2013) – Daniel Trebil, senior vice president and senior director of NorthMarq’s Minneapolis-based regional office, arranged first mortgage refinancing of $11.5 million for Broadway Village Apartments, a 252-unit, market-rate multifamily property located at 6020-7240 Broadway Avenue in New Hope, Minnesota. Financing was based on a ten-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its seller-servicer relationship with Freddie Mac.

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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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