Student Housing
Debt & Equity

NorthMarq’s Minneapolis office arranged $2 million construction loan for College Station Apartments in Mankato, Minnesota

MINNEAPOLIS, MINNESOTA (May 13, 2021) – Dan Trebil, senior vice president/managing director of NorthMarq’s Minneapolis-based regional office, secured a $2 million construction loan for College Station Apartments, a 94-unit student housing property located in Mankato, Minnesota. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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College Station Apts
Construction Loan
$2,000,000