Mark Reichter Of Gantry Arranges $30.5 Million Refinance Loan For Industrial Asset In Kansas City
7501 Northwest 106th Terrace
$30,500,000
$50/SF
Building Size
603,000 SF
Asset Type
Industrial
Closing
Aug 7, 2026
AI
The property asset involved in this transaction is an industrial facility located at 7501 Northwest 106th Terrace, Kansas City, MO, encompassing a total square footage of 603,000. The transaction relates to a permanent refinancing loan amounting to $30,500,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $30,500,000
- Loan Type: Refinance
- Loan Terms: 7-year
- Broker: Mark Reichter - Gantry
This refinancing was arranged by Gantry to replace maturing debt for the fully leased industrial property. The loan was secured through a life company lender, with Mark Reichter representing the private real estate investor borrower and also servicing the loan.
Players
Homestead Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93