Hospitality - Debt

Arranges $15 million refinance of Roseville, Minnesota Radisson Hotel

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.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.