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Northmarq Arranges $18M HUD Loan for 220-unit Southernside Apartments in Greater St. Louis

Summary by Yield PRO
Eugene Harris of Northmarq’s St. Louis Debt + Equity team secured more than $18 million in HUD financing for Southernside Apartments, a 220-unit affordable housing community in O’Fallon, Missouri, part of the Greater St. Louis metropolitan area. “HUD offered the highest proceeds, which was the borrower’s primary objective,” said Harris. “It was the most effective […] The post Northmarq Arranges $18M HUD Loan for 220-unit Southernside Apartments …
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Yield PRO broke the news in on Friday, July 11, 2025.
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