MinnesotaFinance NorthMarq closes $2.05 million refinance for St. Paul apartments September 27, 2019 Share on Facebook Share on Twitter Share on LinkedIn Share via email Michael Padilla with the Minneapolis office of NorthMarq recently arranged the $2.05 million refinance of 623 Lofts, a 17-unit multifamily property in St. Paul, Minnesota. The loan has a 10-year term with a 30-year amortization schedule. NorthMarq arranged financing for the borrower through Freddie Mac’s Small Balance Program.