Dan Trebil arranges $2,225,000 refinance for Knollwood Retail Center in St. Louis Park, Minnesota
Knollwood Retail Center

MINNEAPOLIS (Feb. 25, 2014) – Dan Trebil, senior vice president/managing director of NorthMarq Capital’s Minneapolis-based regional office, arranged the $2,225,000 refinancing of Knollwood Retail Center, a 11,769 sq.ft property located at 8530 State Highway 7, St. Louis Park, Minnesota. The transaction was structured with a 15-year term and 25-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with a correspondent life company. “The loan satisfied the borrower’s goal of locking in a long-term interest rate while preserving prepayment flexibility,” said Trebil.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.