Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • Publications
MissouriFinance

CBRE arranges financing for 100-unit apartment complex in Missouri

October 14, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

CBRE has arranged construction financing for Creekside Town Center, a 100-unit apartment complex and 44,000-square-foot retail center in Parkville, Missouri. CBRE|Capstone’s John Perlik and Don Coleman arranged the more than $13.2 million loan from a local credit union on behalf of their client, Brian Mertz.

The loan has a 4.25 percent interest rate, is amortized over 25 years and carries an 80 percent loan-to-cost ratio.

Creekside Town Center will be located near the intersection of Missouri Highway 45 and I-435. Mertz has other planned developments nearby, including six high-quality tournament baseball fields, a tourism area with a hotel, two restaurants, an office property and a gas station.

Creekside Town Center will be the centerpiece of the southeast corner of the mixed-use development.

Tags
CBREfinanceMissourimultifamilyParkville
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
WisconsinIndustrial

ERMCO acquires 158,000-square-foot industrial facility in Wisconsin

July 9, 2025
KentuckyNet Lease

The Boulder Group closes sale of Chase Bank property in Louisville

July 9, 2025
TexasCRE

Edge Realty Partners adds SVP in Austin office

July 9, 2025
WisconsinMultifamily

Midloch Investment Partners acquires Malt House Apartments in Milwaukee

July 9, 2025

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Advertise
  • Terms and Conditions
  • Contact
© 2025 REjournals.com