Updated Oct 30, 2025
Gantry Arranges $48.9 Million Loan For Silvergate Apartments In Brentwood
1290 Business Center Drive
$48,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Oct 27, 2025
About this deal
AI
The property asset involved is the Silvergate Apartments, located at 1290 Business Center Drive in the Brentwood market. The transaction involved a loan amount of $48,900,000, which was arranged for refinancing purposes. The financing secured is a 35-year, fixed-rate, non-recourse loan, indicating the terms and conditions of the financial arrangement.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $48,900,000
- Loan Terms: 35-year, fixed-rate, non-recourse
- Address: 1290 Business Center Drive
- Market: Brentwood
- Loan arranged by: Gantry
- Brokers: Tom Dao & Erinn Cooke - Gantry
Gantry's Tom Dao and Erinn Cooke successfully arranged the loan through the firm's San Francisco office, representing a private investor in this transaction. Their involvement emphasizes the expertise and capability of Gantry in handling substantial financing arrangements within the multifamily real estate sector.
On the Map
$48,900,000
MultiFamily
View full map
Players
Brentwood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Browse Brentwood multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93