Experts: Office market shaping up
A panel of experts paint the area's office market as one with pockets of “fire” and “ice,” and drawing as much interest from outside investors as ever.
View ArticleNorthMarq Capital arranges financing for Normandale deal
NorthMarq arranged the loan on behalf of MetLife and Allstate Insurance Co., who partnered to pay $369 million for the five-building, 1.7-million-square-foot office park in November.
View ArticleNorthMarq arranges financing for Minnetonka sale
Patrick Minea and Dan Trebil, both of NorthMarq, helped secure the funding for the purchase of the 354,000-square-foot Williston Business Center.
View ArticleNorthMarq arranges refinancing for Wayzata’s Marquee Place
Bloomington-based NorthMarq Capital arranged $18.4 million in refinancing funds for Marquee Place.
View ArticleNorthMarq Capital to acquire AmeriSphere
NorthMarq Capital is expected to close within the next 30 to 60 days on AmeriSphere Multifamily Finance, which was founded by Rodrigo Lopez and McCarthy Capital.
View ArticleNorthMarq Capital arranges $33M in multifamily refinancing
NorthMarq arranged the separate deals for the Cherrywood Pointe senior housing building in Roseville and the ElseWarehouse Apartments in the North Loop neighborhood of Minneapolis.
View ArticleNorthMarq Capital arranges $79M in permanent financing for 222 Hennepin
NorthMarq said in a prepared statement that Greg Benjamin and Jeff DeHarty arranged financing for the borrower, a division of Washington-based Weidner Apartment Homes.
View ArticleNorthMarq arranges re-fi for Shingle Creek Crossing
The Miami office of NorthMarq Capital arranged a $13 million refinancing loan for the third phase of Shingle Creek Crossing, a retail development on the former Brookdale Mall site.
View ArticleMinneapolis may cut parking ratios for projects near transit
A new proposal would allow developers in some locations to skip the minimum parking requirements.
View ArticleShoreview Corporate Center sold in $21M deal
Minneapolis-based Eagle Ridge Partners and CarVal Investors have closed on a $21 million purchase of the Shoreview Corporate Center, a 553,000-square-foot office park at 1005 Gramsie Road in Shoreview....
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