Gantry Secures $40 Million Refinance Loan For The Mercer Apartments In Mercer Island WA

The Mercer Apartments is a mixed-use property located at 7650 Southeast 27th Street & 2558 76th Avenue Southeast in Mercer Island, WA. The property features 235 residential units along with ground-floor retail space. The transaction involves a loan amount of $40,000,000 for refinancing purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $40,000,000
• Loan Type: Refinance
• Market: Mercer Island, WA
• Brokers: Alicia Sabanero & Mike Wood - Gantry

Gantry played a key role in securing the permanent loan for the refinance of The Mercer Apartments, facilitating the financial provisions necessary for this mixed-use property situated between Seattle and Bellevue, Washington.