Northmarq has provided $45.03 million of Freddie Mac financing against the 262-unit Axle Apartments in Fridley, Minn. The 10-year loan requires only interest payments for the first seven years, after which it would amortize on a 30-year schedule. It allowed the owner of the property, Roers Cos. of Minnetonka, Minn., to retire previous debt. The […]

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