NORTHMARQ CAPITAL ARRANGES HOTEL LOAN IN MISSOURI

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CHESTERFIELD, MO. — NorthMarq Capital has arranged first mortgage financing for Drury Plaza in Chesterfield. The 274-room hotel is located at 355 Chesterfield Center East. Financing was based on a 10-year term and a 25-year amortization schedule. Jeff Chaney of NorthMarq's St. Louis regional office secured the financing through NorthMarq's relationship with a correspondent life insurance company. Additional terms of the loan were not released.

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