NorthMarq Capital arranged $16.695 million mortgage for Soltva Apartments in Minneapolis
Soltva Apts
MINNEAPOLIS (June 24, 2013) – Daniel Trebil, senior vice president and senior director of NorthMarq’s Minneapolis regional office, arranged first mortgage refinancing of $16.695 million for Soltva Apartments, a 100-unit, market-rate multifamily property located at 701 North 2nd Street in Minneapolis, Minnesota. Financing was based on a 15-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a life company lender.
Meet our team
About Northmarq
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 $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
