NorthMarq’s Minneapolis office arranged $2 million construction loan for College Station Apartments in Mankato, Minnesota
MINNEAPOLIS, MINNESOTA (May 13, 2021) – Dan Trebil, senior vice president/managing director of NorthMarq’s Minneapolis-based regional office, secured a $2 million construction loan for College Station Apartments, a 94-unit student housing property located in Mankato, Minnesota. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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.