NorthMarq Arranges $3.8M Acquisition Loan for Preschool in O’Fallon, Missouri

by Kristin Harlow

O’FALLON, MO. — NorthMarq has arranged a $3.8 million loan for the acquisition of Little Sunshine’s Playhouse in O’Fallon. The 9,726-square-foot preschool is located at 4220 State Highway K. Dan Baker and Jeff Chaney of NorthMarq arranged the 10-year loan, which features a fixed rate and a 25-year amortization schedule. Chez II Sunshine LLC was the borrower. A life insurance company provided the loan.

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