Gantry Arranges $17.2M Loan For Two Kansas City Area Multifamily Complexes

The asset involved in this transaction is comprised of two apartment complexes located at 801 Meadowbrook in Warrensburg and 15400 Bellaire Avenue in Grandview, MO. The properties are classified as MultiFamily, with a total of 73 units in Meadowbrook Estates and 56 units in Chelsea Apartments. The loan amount secured for these complexes is $17,200,000, facilitated by Fannie Mae.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $17,200,000
• Lender: Fannie Mae
• Brokers: Alec Frook & Mark Reichter - Gantry
• Market: Warrensburg & Grandview, MO

This transaction was arranged by Gantry, illustrating their role in securing permanent loans for the two apartment complexes, reflecting their expertise in the Kansas City market. The transaction signifies a commitment to financing for residential properties in the region, showcasing the growing demand for MultiFamily assets.