CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield Equity, Debt & Structured Finance Team Arranges $57.7M in Financing for One Foundry Way in St. Louis

Jeremy Barewin • 10/1/2025
One Foundry Way St. Louis_square image.jpg ST. LOUIS, October 1, 2025 – Cushman & Wakefield announced today that the firm represented the development team of New + Found and Battery Global Advisors in securing $57.7 million in financing for One Foundry Way, a Class-AA+ multifamily property in Midtown St. Louis’s City Foundry District.

Cushman & Wakefield’s Jeff Altenau and Zach Yarnoff represented the development joint venture in its financing transaction with Oaktree Capital Management.

One Foundry Way, located at 3835 Foundry Way, delivered in September 2024 and includes 270 luxury multifamily units in the initial stages of lease-up. Each residence boasts expansive floor-to-ceiling windows with panoramic views of the city, modern two-tone cabinetry, plank flooring, designer lighting and custom quartz countertops. Amenities include a state-of-the-art fitness center, on-site pool with sun deck, covered and heated pet park, co-working and private meeting rooms, a chef-inspired community kitchen with an open seating fireplace and dining area and a tranquil garden terrace.

In addition to its best-in-class building amenities, One Foundry Way is differentiated due to its coveted location within the City Foundry district, a widely acclaimed, 15-acre mixed-use campus that features an abundance of on-site shopping, dining, and entertainment options. Residents at One Foundry Way benefit from direct access to the adjacent retail, which is home to an expansive food hall, featuring 20 chef-driven concepts curated by a James Beard Award-winning chef; a Fresh Thyme Public Market (Meijer Companies); Puttshack; City Winery; Alamo Drafthouse; and numerous other retailers and restaurants. In addition, One Foundry Way’s proximity to St. Louis University, Washington University in Saint Louis, and the Cortex Innovation District places it at the nexus of the market’s affluent, educated workforce; primary transit modes and arteries; cultural and leisure amenities; and major employment and R&D hubs.

“One Foundry Way is ideally located in St. Louis’s most vibrant submarket, Midtown, and its quality and amenities are unsurpassed,” said Altenau, Cushman & Wakefield Vice Chair. “Those attributes, among many others, made it attractive to a broad spectrum of lenders seeking to place capital in best-in-class multifamily properties.”

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture.  For additional information, visit www.cushmanwakefield.com.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS