NorthMarq Capital’s Denver office arranged permanent financing of $78.99 million for the mixed-use 222 Hennepin Avenue in Minneapolis.
Built in 2013, the property includes 286 apartment units in a six- and seven-story mid-rise building with a 20,000-square-foot Whole Foods Market on a portion of the ground level.
Apartment amenities include a large, distinctively-appointed rooftop area with an outdoor pool, skyline terrace, gourmet grills, fireplace, entertainment spaces.
Greg Benjamin, senior vice president, and Jeff DeHarty, associate producer, arranged the financing for the borrower, a division of Weidner Investment Services, Inc., a Seattle-based, privately-held owner of multiple multi-family properties. This is the 60th loan NorthMarq’s Benjamin has arranged for Weidner since 1995.
