BELLINGS

CBRE Arranges $11M Refinancing for Minnesota Office Property

CBRE has arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt and Structured Finance team in Minneapolis secured a five-year, fixed-rate,…

CBRE has arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt and Structured Finance team in Minneapolis secured a five-year, fixed-rate,…

BELLINGS Intelligence Score: 10

Why it matters

This is a routine refinancing transaction of a single office property with no novel structure or broader market impact, representing ordinary business activity.

Sources

  • Connect CRE

    CBRE Arranges $11M Refinancing for Minnesota Office Property

    CBRE has arranged $11 million in refinancing for Grandview Square, a 98,561-square-foot office property in Edina, Minnesota. Billy Mork, Joel Torborg and Mike Vannelli of CBRE Capital Markets’ Debt and Structured Finance team in Minneapolis secured a five-year, fixed-rate,…