Dominic Martinez and Parker Stewart, investment sales specialists in Northmarq’s St. Louis office, brokered the sale of Forest View Apartments, a 204-unit property in St. Louis.
The property was built in 1963 and is located at 9400 Mary Glen Drive in St. Louis. Northmarq represented the seller and financed the buyer in the transaction.
David Garfinkel, managing director of Northmarq’s St. Louis debt/equity office, arranged the acquisition financing through a bridge loan for the property. Northmarq secured financing for the borrower through its relationship with a commercial bank.
