NorthMarq’s Minneapolis arranges $10 million refinance of Edgewater Apartments in St. Could, Minnesota
MINNEAPOLIS, MINNESOTA (June 29, 2021) – Dan Trebil, senior vice president/managing director of NorthMarq’s Minneapolis office, secured the $10 million refinance of Edgewater Apartments. The 157-unit multifamily property is located in St. Cloud, Minnesota. The transaction was structured with a 10-year interest-only term. NorthMarq arranged the permanent-fixed loan for the borrower through its Optigo status as a Freddie Mac lender.
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