UMB Bank Provides $46M Construction Loan For Mixed-Use Property In Chesterfield, MO

The mixed-use property located at 350 Wildhorse Lk Blvd in Chesterfield, MO has recently been involved in a closed transaction. The property consists of 266 units and spans across 80 acres. It is owned by Pier Property Group.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $46,000,000
• Address: 350 Wildhorse Lk Blvd, Chesterfield, MO
• Market: Chesterfield, MO
• Loan Type: Construction Loan

UMB Bank provided a construction loan of $46,000,000 for the property. The transaction was facilitated by David Garfinkel from Northmarq, representing the buyer in the deal.