Patrick Minea arranges $3.6 million refinancing for Bayview Apartments located in Fargo, North Dakota
Bayview Apts
MINNEAPOLS (October 31, 2013) – Patrick S. Minea, senior vice president and managing director of NorthMarq’s Minneapolis based regional office, secured refinancing of $3.6 million for Bayview Apartments, a 100-unit multi-family conventional market rate asset located at 1810, 1830, 1850 and 1870 42nd Street SW, Fargo, ND. The transaction was structured with a 20-year loan. Financing for the borrower was arranged by NorthMarq through its relationship with a correspondent life company.
Meet our team
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. For more information, visit www.northmarq.com.
