Midwest

ST. LOUIS, MO. — Stifel Financial Corp. has agreed to acquire One Financial Plaza, a 435,000-square-foot office building located at 501 N. Broadway in St. Louis, from Parmenter Realty Partners. The building will serve as it's new headquarters. The company is working with the local economic development council for a plan to support the acquisition of the building and ensuing job growth. Stifel had been rumored to anchor the long-delayed Ballpark Village mixed-use project prior to this acquisition.

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INDIANAPOLIS, GREENSBURG AND WESTFIELD, IND. — Red Mortgage Capital has provided refinancings totaling $13.71 million for three senior housing properties located in Indiana on behalf of American Eagle LifeCare Corp. In Indianapolis, the 60-unit Home Place received a $2.25 million loan; in Greensburg, the 96-unit Morning Breeze received a $7.65 million loan; and in Westfield, the 111-unit Sanders Glen received a $3.81 million loan. Terms of the financing were undisclosed.

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CENTRAILIA, ILL. — Cambridge Realty Capital Companies has secured a $8.6 million HUD Lean Loan to refinance the 120-unit Centralia Manor, a skilled care nursing home located at Centrailia. The 35-year, fully amortized loan was arranged for the owner, an Illinois-based limited liability company, through HUD's Section 223(a)(7) funding program.

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ST. PAUL, MINN. — St. Paul-based Oak Grove Capital has arranged a $437.8 million Fannie Mae DUS credit facility for Brookdale Senior Living. The 7-year loan, which is 75 percent-fixed rate and 25 percent variable rate, was used to refinance existing loans for 44 different properties totaling 4,145 units. The properties include assisted living, independent living, memory care and skilled nursing facilities in 13 states including Florida, California, Texas and Ohio.

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