NORTHMARQ ARRANGES $5.1M MORTGAGE FOR SIOUX FALLS PROPERTY

SIOUX FALLS, S.D. — Minneapolis-based NorthMarq Capital has arranged a $5.1 million loan for the refinancing of Brentwood Apartments, a 126-unit multifamily property in Sioux Falls. The borrower is Brentwood Manor Apartments LLC. John Reed of NorthMarq Capital arranged the 10-year loan amortized over 30 years through AmeriSphere Multifamily Finance, a Fannie Mae DUS lender.