Northmarq’s Minneapolis office brokers $12.5M sale of 82-unit senior housing property

The Pines Apts
82-unit senior housing property

Size: 82 units
Year Built: 2000
Location: 400 W. 67th Street, Richfield, MN
Investment Sales Team: Jeff Budish, Ted Bickel, Dan Trebil

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 more than $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.