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Gantry Secures $9.35M Loan To Refinance Memorial Towers Apartments In Houston

Property Image
FINANCED
$9,350,000
Joe Foley
Jeff Matlock
Claire Jones

Texas

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MultiFamily
Financed 10/10/2025
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Property Image
FINANCED

Gantry Secures $9.35M Loan To Refinance Memorial Towers Apartments In Houston

5400 Memorial Drive

See Similar Deals
MultiFamily
Financed 10/10/2025
Joe Foley
Jeff Matlock
Claire Jones
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:MultiFamily
Transaction Type:Loan

The property involved in the transaction is the Memorial Towers apartments located at 5400 Memorial Drive in Houston. It is a recently renovated multi-family asset with a loan amount of $9,350,000 secured for refinancing purposes.

Summary of transaction details:

Gantry played a significant role in this transaction by securing the permanent loan through a regional bank. The loan features cash-out options and flexible prepayment terms, and was arranged by Jeff Matlock’s team for a private borrower.

Players

Joe Foley
Gantry
Joe Foley
10 deals$201.5M volume(415) 963-4554
BROKER
Jeff Matlock
Gantry
Jeff Matlock
1 deal$9.4M volume(415) 761-1137
BROKER
Claire Jones
Gantry
Claire Jones
2 deals$51.6M volume(310) 726-3227
BROKER
Gantry
Gantry
BROKERAGE

Details

FINANCED
IMAGE: Jeff Matlock, Joe Foley & Claire Jones DATE: 10/10/2025 ADDRESS: 5400 Memorial Drive MARKET: Houston ASSET TYPE: MultiFamily BROKERS: Jeff Matlock, Joe Foley (@Joe_Foley_) & Claire Jones - Gantry (@Gantry_Inc) LOAN AMOUNT: $9,350,000 LOAN TERMS: 10-year loan NOTE: Gantry secured a $9.35M permanent loan to refinance the recently renovated Memorial Towers apartments at 5400 Memorial Drive in Houston. The 10-year fixed-rate loan, arranged by Jeff Matlock’s team, was provided by a regional bank and offered cash-out and flexible prepayment terms for the private borrower.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,350,000.00

Monthly NOI$62,333.33
Monthly Debt Service$59,098.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00