CBRE Arranges Sale and Financing of 180-Unit MF in Missouri
CBRE has arranged the sale and acquisition financing for The Station St. Peters, a 180-unit multifamily property in St. Peters, Missouri. Salem, Oregon-based Bonaventure purchased the property from Mia Rose Holdings LLC for an undisclosed amount.
CBRE’s Matt Bukhshtaber represented the seller in the transaction. CBRE’s Nick Santangelo, Bruce Francis, Shaun Moothart, Bob Ybarra, Doug Birrell, Anna Britt, and Amber Coleman of CBRE’s Capital Markets’ Debt and Structured Finance team secured the $21.667 million, 10-year, fixed-term, full-term interest-only loan on behalf of the buyer.
“We are proud to have secured advantageous financing through an agency execution, supported by a reputable sponsor, a robust submarket, and a high-quality asset that attracted strong lending interest,” said Santangelo.
The Station St. Peters is located at 2000 Swenson Lane, just south of the Mid Rivers Mall Drive and Interstate 70 interchange. Built in 2024, the property features a range of one- and two-bedroom floor plans averaging 870 square feet.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout