MINNEAPOLIS (January 2, 2013) – Daniel Trebil, senior director, of NorthMarq’s Minneapolis-based regional office, arranged first mortgage refinancing of $2.65 million for Diamond Lake Apartments, a 150-unit market-rate multifamily property located in Richfield, Minnesota. Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.
Multifamily -
Debt