Gantry Secures $10 Million Refinance Loan For 240-Unit Multifamily Property In Albuquerque

The asset involved in this transaction is a multifamily property located at 3901 Montgomery Boulevard Northeast in Albuquerque, NM. The property comprises 240 units situated on 10.2 acres. The transaction involved a loan amount of $10,000,000, which was designated for refinancing purposes, structured as a seven-year, fixed-rate loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,000,000
• Units: 240
• Acres: 10.2
• Loan Type: Refinance
• Loan Terms: seven-year, fixed-rate loan
• Date: 04/08/2026
• Market: Albuquerque, NM

The transaction was facilitated by brokers Blake Hering and Kristin Lapinskas from Gantry, who secured the loan on behalf of a private real estate investor group, specifically for refinancing the Sunchase property.