August 19, 2014

Arranges $15 million refinance of Roseville, Minnesota Radisson Hotel

Radisson Hotel

Debt & Equity

Multi-Tenant

MINNEAPOLIS (August 19, 2014) – Dan Trebil, senior vice president/managing director of NorthMarq Capital’s Minneapolis based office arranged the $15 million refinance of a 255-room Radisson Hotel located at 2540 North Cleveland Avenue, Roseville, Minnesota. The transaction was arranged for the borrower by NorthMarq through its relationship with a national bank. “The new loan will allow the borrower to continue to upgrade the property and further solidify its position as the premier full-service hotel in this sub-market,” said Trebil.

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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.