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MinnesotaFinance

NorthMarq closes $2.05 million refinance for St. Paul apartments

September 27, 2019
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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.

 

 

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financeMinneapolisMinnesotamultifamilyNorthMarqSt. Paul
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