David Garfinkel, senior vice president/managing director, and Dan Baker, vice president, of NorthMarq Capital’s St. Louis regional office recently arranged construction financing of more than $20 million for Hibernia Apartments, a 100-unit apartment complex in St. Louis.
The apartment development includes 16,000 square feet of ground-floor retail space to be occupied by a local grocer.
NorthMarq arranged financing for the borrower through its relationship with The Bank of Washington, one of the oldest and largest independent community banks in the St. Louis area.
