Student Housing - Debt

NorthMarq’s Minneapolis office finalizes $7.79 million refinance of College Station Apartments in Mankato, Minnesota

MINNEAPOLIS, MINNESOTA (March 5, 2019) – Dan Trebil, senior vice president/managing director of NorthMarq’s Minneapolis-based regional office, secured the $7.79 million refinance of College Station Apartments, a 94-unit student housing property located in Mankato, Minnesota. NorthMarq arranged financing for the borrower through its in-house Fannie Mae platform.

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.