**Gantry Secures $30.3 Million in Loans for Trio of Seattle Region Assets**
Gantry has successfully arranged three distinctive loans totaling $30.3 million for a group of separately owned properties throughout the greater Seattle region. The financings encompass a production studio facility in Seattle, a flex industrial property in Kirkland, and a multifamily asset in Tacoma.
The firm’s Mike Wood and Tim Brown secured an $8.5 million permanent loan to refinance maturing debt on a production studio and event facility situated in Seattle’s Fremont Arts District. Additionally, they secured a $9.4 million permanent loan for the refinance of maturing debt on a 92-unit apartment complex located in Tacoma.
Working alongside Mike Taylor, the team also arranged a $12 million permanent loan that refinanced existing debt on a flex industrial property while also funding the acquisition of an adjacent sister property. This financing was structured under a single loan transaction covering both assets.
“This past year represented an improving climate for permanent debt as rate benchmarks improved and became less volatile, with the market better adjusted to the cycle’s new cost of capital,” said Mike Wood.
These transactions highlight Gantry’s continued ability to strategically place capital in today’s evolving lending landscape.
