Northmarq finalizes $40.125 million refinance of Huntington at Sundance in Mulberry, Florida
Huntington at Sundance
MINNEAPOLIS, MINNESOTA (December 20, 2021) – Dan Trebil, senior vice president/managing director of Northmarq’s Minneapolis-based regional office, secured the $40.125 million refinancing of Huntington at Sundance. The 292-unit multifamily property (built in 1998) is located at 300 Heartland Boulevard in Mulberry, Florida. The transaction was structured with a 10-year interest only term. Northmarq arranged financing for the borrower through its Optigo status as a Freddie Mac lender.
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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.
