NorthMarq Capital’s Minneapolis office arranges $1,535,000 refinance of a retail building in Mankato, Minnesota

Retail Building
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MINNEAPOLIS (August 8, 2017) Dan Trebil, senior vice president/ managing director of NorthMarq Capital’s Minneapolis regional office, negotiated refinancing of $1,535,000 for a 6,300 sq. ft. retail property located in Mankato, Minnesota. The transaction was structured with a 10-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.

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. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.