Ladder Capital Provides $37.65 Million Refinance Loan For Andover Park Multifamily Property

The property involved in this transaction is a multifamily asset located at 8501 North Platte Purchase Drive in the Kansas City market. The loan amount secured for this property is $37,650,000, which is being utilized for refinancing purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $37,650,000
• Lender: Ladder Capital
• Landlord's Representatives: Amanda Valenti & Matthew Forgione - CBRE
• Originators: Adam Siper, Simmons Gaines & Andrew LeoGrande - Ladder Capital
• Loan Type: Refinance

This transaction showcases the collaboration between Ladder Capital as the lender and CBRE represented by Amanda Valenti and Matthew Forgione, who acted on behalf of the landlord. The originators of the loan from Ladder Capital include Adam Siper, Simmons Gaines, and Andrew LeoGrande, highlighting the team's involvement in facilitating this refinancing deal.