Patrick Minea, senior vice president/managing director of NorthMarq Capital’s Minneapolis-based office, recently arranged refinancing of a combined $33 million for two multi-family properties in Minneapolis and Roseville, Minn.
ElseWarehouse Apartments is a mixed-use building with 116 apartment units and five commercial spaces in Minneapolis. NorthMarq arranged the $21 million financing for the borrower through its seller-servicer relationship with Freddie Mac.
Cherrywood Pointe is an 80-unit senior housing property in Roseville. NorthMarq arranged the $12 million financing through its seller-servicer relationship with Freddie Mac.