Gantry Secures $14.6 Million Construction Loan For Milano Issaquah Apartments In Issaquah, WA

The property involved in this transaction is the Milano Issaquah Apartments, a multifamily asset located at 2300 Newport Way Northwest in Issaquah, Washington. The asset comprises 65 units and is positioned near Costco’s global headquarters.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,600,000
• Loan Type: Construction
• Loan Terms: 10-year
• Market: Issaquah, WA
• Brokers: Mike Wood & Tim Brown - Gantry

The loan was secured by Gantry on behalf of a private real estate investor, facilitating construction-to-permanent financing from a regional credit union. Mike Wood and Tim Brown represented the borrower in this transaction.