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MissouriOffice

NorthMarq Capital provides $24 million of financing for office property in St. Louis

Staff Writer April 4, 2017
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David Garfinkel, senior vice president/managing director of NorthMarq Capital’s St. Louis-based regional office, recently arranged acquisition financing of $24 million for Corporate Hill I, II and III, a 289,508-square-foot office property in St. Louis.

The transaction was structurd with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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