Northmarq’s Minneapolis office arranges $7.8M refinancing for a mid-rise apartment property
MINNEAPOLIS (April 27, 2026) — Andy Finn and Logan McCarthy of Northmarq’s Minneapolis Debt + Equity team secured the $7.8M refinancing of Second Street Lofts located in Minneapolis, MN. Built in 1915, the mid-rise apartment property was renovated in 2012, features at total building square footage of 30,400 and 51 units.
Northmarq arranged the permanent fixed rate financing on behalf of the borrower through the firm’s in-house Fannie Mae DUS platform. The transaction was structured with a 5-year term.
Meet our team
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past fours years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
