NorthMarq's Minneapolis office arranged $4 million mortgage for Ballantrae Apartments in Eagan, Minnesota
Ballantrae Apts
MINNEAPOLIS (August 21, 2013) – Daniel Trebil and Patrick S. Minea of NorthMarq’s Minneapolis-based regional office, arranged first mortgage refinancing of $4 million for Ballantrae Apartments, a 204-unit, market-rate multifamily property located at 3800 Ballantrae Road in Eagan, Minnesota. Financing was based on a 10-year term and a 10-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a correspondent life company lender.
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