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.