Dan Trebil, senior vice president/managing director of NorthMarq Capital’s Minneapolis-based regional office, recently arranged $22 million in financing for the Solhavn Apartments, a 137-unit multi-family property at 815 N. Second St. in Minneapolis.
The transaction was structured with a 14-year term and two-years interest-only followed by a 30-year amortization.
NorthMarq arranged financing for the borrower through its relationship with a life-insurance lender.
