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Roers Refinances Terra Residences in Maple Grove, Minneapolis

Northmarq Secures $39.9 Million Freddie Mac Loan
Terra Residences has a contemporary design and offers an array of amenities. (CoStar)
Terra Residences has a contemporary design and offers an array of amenities. (CoStar)
By Mark Iovanisci
CoStar Research
February 28, 2024 | 3:56 P.M.

Northmarq, a part of the Pohlad Cos. family of businesses, has arranged a $39.9 million Freddie Mac loan for the refinancing of Terra Residences, a newly constructed 250-unit apartment complex in the Minneapolis suburb of Maple Grove. 

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