MINNEAPOLIS (February 25, 2013) – Brian Hennen, vice president of NorthMarq’s Minneapolis-based regional office, arranged first mortgage refinancing of $3.75 million for Willow Court and Chateau de France located in Bloomington, Minnesota. Willow Court is a 37-unit Market-rate multifamily property that was built in 1965. Chateau de France is an 83-unit market-rate multifamily property that was built in 1970. These properties are located at the intersection of France Avenue and Old Shakopee Road. Financing was based on a 10-year term and a 30 year amortization schedule. NorthMarq arranged this financing for the borrower, Orest Associates, LLC, through its seller-servicer relationship with Freddie Mac.