Multifamily
Debt & Equity

NorthMarq Capital arranges $7.25 million refinance of Glen Lake Landing Apartments in Minnetonka, Minnesota

MINNEAPOLIS (November 6, 2017) – Dan Trebil, senior vice president/managing director of NorthMarq Capital’s Minneapolis regional office, secured refinancing of $7.25 million for Glen Lake Landing Apartments, a 97-unit multifamily property located in Minnetonka, Minnesota. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.

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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Glen Lake Landing Apts
Permanent Loan - Fixed
$7,250,000