Patrick Minea, senior vice president and managing director of NorthMarq Capital’s Minneapolis-based regional office, secured refinancing of $17.4 million for Park Meadows Apartments and Fair Oaks Apartments in the Minneapolis market.
Fair Oaks Apartments in Minneapolis was refinanced at $8.75 million. The property contains 224 units.
Park Meadows Apartments, in Waite Park, Minn., was refinanced for $8.65 million. It contains 360 units.