NorthMarq arranges retail refinance of Country Club Place Shopping Center in Saint Charles, Missouri
Country Club Place
HOUSTON, TEXAS (July 29, 2021) – Ray Driver III, Managing Director of NorthMarq’s Houston office, collaborated with David Garfinkel, Managing Director of NorthMarq’s St. Louis office, to secure the refinance of Country Club Place. The 121,927 sq. ft. unanchored strip retail center is located in Saint Charles, Missouri.
The transaction was structured with a 5-year fixed rate loan term, 25-year amortization, and limited prepayment penalty. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a regional bank.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
