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Gantry Secures $21.2M Refinance Loan For Medical Office Buildings In Coeur D'Alene And Sandpoint

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FINANCED
$21,200,000
Demetri Koston
Abi Hunter

Idaho

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Medical Office196,000 SF
Financed 02/04/2026
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FINANCED

Gantry Secures $21.2M Refinance Loan For Medical Office Buildings In Coeur D'Alene And Sandpoint

423 North 3rd Avenue & 1919 North Lincoln Way

See Similar Deals
Medical Office196,000 SF
Financed 02/04/2026
Demetri Koston
Abi Hunter
the dealplayerscompscontact
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Summary

IDAHO
Asset Type:Medical Office
Price Per Square Foot:$108
Total Square Footage:196,000 SF
Transaction Type:Loan

The transaction involves a loan refinancing for two medical office buildings located at 423 North 3rd Avenue and 1919 North Lincoln Way. The total square footage of these properties is 98,000. The market for this transaction includes Sandpoint and Coeur d'Alene, ID. The loan amount obtained for refinancing is $21,200,000.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $21,200,000
  • Loan Type: Refinance
  • Market: Sandpoint & Coeur d'Alene, ID
  • Loan Date: 02/04/2026
  • Brokers: Demetri Koston & Abi Hunter - Gantry
  • Asset Square Footage: 98,000

The loans were arranged for a private investor and are fixed for five years, offering flexible prepayment options. The brokerage team of Gantry, consisting of Demetri Koston and Abi Hunter, facilitated the refinancing of these medical office buildings.

Players

Demetri Koston
Gantry
Demetri Koston
7 deals$113.5M volume(509) 720-6364
BROKER
Abi Hunter
Gantry
Abi Hunter
4 deals$67.2M volume(913) 709-8869
BROKER

Details

FINANCED
IMAGE: 02/04/2026 ADDRESS: 423 North 3rd Avenue & 1919 North Lincoln Way MARKET: Sandpoint & Coeur d'Alene, ID ASSET TYPE: Medical Office ~ SF: 98,000 BROKERS: Demetri Koston & Abi Hunter - Gantry LOAN AMOUNT: $21,200,000 LOAN TYPE: Refinance NOTE: Gantry got $21.2M in loans to refinance two medical office buildings in Coeur d’Alene and Sandpoint. The loans are fixed for five years, with flexible prepayment options, and were arranged for a private investor.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$21,200,000.00

Monthly NOI$141,333.33
Monthly Debt Service$133,998.42
Change in Cash Flow$0.00
Refinance Proceeds$0.00