NorthMarq Capital arranges $3.445 million refinance of Columbia West Apartments in Grand Forks, North Dakota
Columbia West Apts
MINNEAPOLIS (August 18, 2014) – Patrick S. Minea, senior vice president/managing director of NorthMarq Capital’s Minneapolis based regional office completed the $3.445 million refinance of Columbia West Apartments, a 70-unit multifamily property located at 2100 29th Street South in Grand Forks, North Dakota. The transaction was structured with a 20-year term and 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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