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.
