NorthMarq arranges retail refinance of Country Club Place Shopping Center in Saint Charles, Missouri
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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