Michael Padilla, vice president of NorthMarq’s Minneapolis regional office, recently arrranged first mortgage refinancing of $13.2 million for Willows on France, a 240-unit market-rate multi-family property in Bloomington, Minn.
Financing was based on a seven-year term and a 30-year amortization schedule.
Financing was arranged for the borrower, Willows on France LLC, by NorthMarq through its seller-servicer relationship with Freddie Mac.
