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GOLDEN VALLEY AND ELK RIVER, MINN. — The Minneapolis office of Grandbridge Real Estate Capital has originated and closed two loans, totaling $5.6 million, for properties in Minnesota. The first loan was secured by Sedona Hills, a 102-unit multifamily property in Golden Valley. The loan was financed with Fannie Mae and features a 10-year term, 30-year amortization and a fixed-rate interest rate of 4.75 percent. The second loan was secured by a 36-unit apartment complex in Elk River. The 5-year term loan carries a 4.04 interest rate. Tony Carlson and Dave Rasmussen of Grandbridge originated both transactions.