David Garfinkel, senior vice president/managing director of Northmarq’s St. Louis debt/equity team, arranged the refinancing of Eldorado Estates Mobile Home Park. The 400-space class B mobile home park was built in 1971 and is located at 1 Eldorado Court in St. Peters, Missouri.
Northmarq secured the permanent-fixed loan for the borrower, C. Burton Leve Properties, L.L.C., through its correspondent relationship with a life insurance company.
Amenities on the property include a pet-friendly policy, off-street parking, playground, clubhouse, swimming pool, recreational facilities, paved street, horseshoes, basketball court, shuffleboard court, billiard room and boat/recreational vehicle storage.
