Gantry, a leading commercial mortgage banking firm, recently announced the successful securing of an $8.2 million permanent loan for Skyview Lofts in Kalispell, Montana. The 48-unit luxury multifamily community was developed by a private real estate company and Gantry’s principal Demetri Koston from their Spokane production office facilitated the loan from Fannie Mae at an attractive rate with a 30-year amortization and full-term interest-only payments.
Skyview Lofts offers one- and two-bedroom units with modern open floor plans and convenient in-unit washers and dryers. Situated near various amenities such as restaurants, bars, parks, shopping centers as well as national parks makes it an ideal location for residents.
According to Koston,”Through strategic positioning of the development project,Gantry successfully secured an optimized permanent agency loan early on to maximize proceeds while setting up the property for long-term success.” This achievement highlights Gantry’s expertise in securing financing solutions that benefit their clients’ goals.
