$2.8 MILLION LOAN ARRANGED FOR MULTIFAMILY PROPERTY IN MINNESOTA

WHITE BEAR LAKE, MINN. — Daniel Trebil and Patrick Minea of NorthMarq Capital's Minneapolis regional office has arranged a first mortgage loan for Thomasville Apartments. Located at 1692-1740 Fourth St. in White Bear Lake, the 84-unit multifamily property received a $2.8 million loan. Financing was arranged for the undisclosed borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.