Gantry Secures $4.3M Loan To Refinance Parkside La Palma Apartments In Anaheim

The Parkside La Palma Apartments in Anaheim, a multifamily property consisting of 79 units, recently underwent a refinancing transaction. The property located at 1000 East La Palma Avenue secured a $4.3 million permanent loan through Gantry. The loan terms include a 10-year loan with a fixed rate, 20-year amortization, and prepayment options.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,300,000
• Address: 1000 East La Palma Avenue
• Market: Anaheim
• Loan Type: Refinance
• Loan Terms: 10-year loan with a fixed rate, 20-year amortization, and prepayment options

Gantry, the largest independent commercial mortgage banking firm in the U.S., facilitated the refinancing of the Parkside La Palma Apartments in Anaheim. The borrower, a private real estate investor, was represented by Gantry's George Mitsanas, Stefan Malmlund, and Keegan Bridges in this transaction.