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MinnesotaFinanceMultifamily

Colliers Mortgage closes $26.6 million refinance loan for Minnesota apartment development

November 16, 2023
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The Colliers Mortgage Minneapolis team of Tony Carlson and Ben Fazendin have closed a $26.6 million Fannie Mae loan for the refinancing of Montreal Courts Apartments in Little Canada, Minnesota.

Features at the 444-unit market rate property include a pool, fitness center, community room, playground and laundry facilities.    

The 10-year loan was arranged for an undisclosed repeat client.

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