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January 30, 2025

Gantry lands $53M in refinancing

By JOURNAL STAFF

Gantry has been busy refinancing apartment projects around the region. First, down in Vancouver, the 556-unit Mission Hills complex benefited from a $23 million refinancing package arranged by Blake Hering and Abi Hunter, in the firm's Portland office. A life insurance company supplied the 10-year, fixed-rate loan. Hering said in a statement, “Multifamily remains one of the most sought-after asset classes for lenders.” Second, working out of San Francisco, Andy Mekjavich, Ben Johnson and Abigail Hunter secured $30 million for a trio of properties in our state and Oregon. Those were said to be stabilized retail, industrial and multifamily assets, with no other details offered. Again, an unnamed life insurance company was the lender.




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