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MinnesotaRetail

Minneapolis’ Towle Financial Services celebrates busy 90 days; closes $84 million worth of new loans

Staff Writer April 5, 2017
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Minneapolis’ Towle Financial Services closed about $84 million in new loans during the past 90 days.

The loans covered a mixture of property types including office, retail, industrial and apartment.

“At $84 million in new financings in 90 days, we are closing about $1 million a day,” said Mark Vannelli, president/principal of Towle Financial Services. “With this nice mix of property types, loan amounts and geographic locations, we feel good about what we have accomplished for our clients.”

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