Multifamily - Debt

NorthMarq Capital

NorthMarq’s Dan Baker secures refinancing of $1,648,000 for SOHA Lofts in St. Louis, Missouri

ST. LOUIS, MISSOURI (March 5, 2019) – Dan Baker, vice president of NorthMarq’s St. Louis-based regional office, arranged the $1,648,000 refinance of SOHA Lofts, a 15-unit multifamily property located in St. Louis, Missouri. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Ready Capital, a multi-strategy real estate finance company that originates, acquires, finances and services small-medium-sized balance commercial loans.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.