Gantry Arranges $14.3M Construction Loan For 64-Unit Multifamily Property In Monterey, California | 2300 Garden Road | Jeff Wilcox | MultiFamily | Loan

Summary

Loan

CALIFORNIA

MultiFamily

The property involved in this transaction is a multifamily asset located at 2300 Garden Road in Monterey. The property sits on a spacious 7.23-acre lot and comprises a total of 64 units. The transaction took place on 12/13/2022.

Summary of Transaction Details:

Property Type: Multifamily
Transaction Amount: $14,300,000
Units: 64
Acres: 7.23
Market: Monterey

The brokers involved in this deal were Robert Slatt, Jeff Wilcox, and Andrew Ferguson from Gantry.

The loan obtained for this transaction was a construction loan with a value of $14,300,000. The loan terms are three years.

Players

All
2

Agents
1
Agencies
1

Jeff Wilcox

Principal

Gantry

Details

Deal Summary

FINANCED

IMAGE: Robert Slatt, Jeff Wilcox & Andrew Ferguson DATE: 12/13/2022 ADDRESS: 2300 Garden Road MARKET: Monterey ASSET TYPE: Multifamily ~ UNITS: 64 ~ ACRES: 7.23 BROKERS: Robert Slatt, Jeff Wilcox & Andrew Ferguson - Gantry (@Gantry_Inc) LOAN AMOUNT: $14,300,000 LOAN TYPE: Construction Loan LOAN TERMS: three-year

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Address2300 Garden Road

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