Gantry Secures $8.2M Construction Loan For Skyview Lofts In Kalispell, MT | 2105 3rd Avenue East | Fannie Mae | Demetri Koston | MultiFamily | Loan

Summary

Loan

MONTANA

MultiFamily

Skyview Lofts, a 48-unit luxury multifamily community located at 2105 3rd Avenue East in Kalispell, Montana, has secured an $8.2 million permanent loan to retire construction financing. The loan was provided by Fannie Mae.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $8,200,000
Units: 48
Market: Kalispell, MT

Gantry, the commercial mortgage banking firm, represented the borrower in this transaction. Demetri Koston, from Gantry, served as the broker.

It is worth noting that the loan is a construction loan with a 10-year term. The loan carries an attractive rate and features a 30-year amortization and full-term interest-only payments.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Details

Deal Summary

FINANCED

IMAGE: Demetri Koston DATE: 12/05/2023 ADDRESS: 2105 3rd Avenue East MARKET: Kalispell, MT ASSET TYPE: Multifamily ~ UNITS: 48 LENDER: Fannie Mae BROKER: Demetri Koston - Gantry LOAN AMOUNT: $8,200,000 LOAN TYPE: Construction LOAN TERMS: 10-year loan at an attractive rate with a 30-year amortization and full-term interest-only payments NOTE: Gantry, the commercial mortgage banking firm, has secured an $8.2 million permanent loan to retire construction financing for Skyview Lofts, a 48-unit luxury multifamily community in Kalispell, Montana.

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Address2105 3rd Avenue East

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