Patrick Minea arranges $8.75 million refinance of Fair Oaks Apartments in Minneapolis, Minnesota
Fair Oaks Apts
MINNEAPOLIS (Feb. 6, 2014) – Patrick S. Minea, senior vice president/managing director of NorthMarq Capital’s Minneapolis-based regional office, arranged $8.75 million refinancing for Fair Oaks Apartments, located at 2415 Third Avenue South, Minneapolis, Minnesota. Financing for the 224-unit multifamily property arranged for the borrower through NorthMarq’s seller/servicer relationship with Freddie Mac.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
