Gantry, a leading commercial mortgage banking firm, has successfully obtained an $8.2 million permanent loan for the Skyview Lofts development in Kalispell, Montana. The loan was secured by Gantry’s principal Demetri Koston from Fannie Mae and offers attractive terms including a 10-year duration with full-term interest-only payments.
The luxury multifamily community consists of 48 units with one- and two-bedroom options featuring modern amenities such as open floor plans and in-unit washers and dryers. Its prime location near various dining options, entertainment venues, shopping centers, and national parks adds to its appeal.
According to Koston from Gantry’s Spokane production office: “Through strategic positioning of the development project early on in the process, we were able to secure an optimized permanent agency loan that maximized proceeds for our borrower while setting them up for long-term success.”
