June 2025 Rate Locked Deals
- Gantry
- Jul 31
- 2 min read
June marked a steady pace of activity at Gantry, with clients locking in financing across a range of property types. Take a look at the deals closed during the month.
Property Type | Property Size (Approx.) | State | Loan Amount (Approx.) | Debt Yield (Approx.) | Lender Type | Rate | Spread & Index |
|---|---|---|---|---|---|---|---|
Industrial | 23,040 SF | MT | $4,042,500 | 11.90% | Bank | 7.50% | 0% + Prime |
Industrial | 25850 SF | CA | $6,000,000 | 4.00% | Life Company | 5.81% | 1.65% + 7-Year UST |
Industrial | 48,825 SF | CA | $4,000,000 | 7.80% | Life Company | 5.93% | 1.85% + 5-Year UST |
Multifamily | 178 Units / 187,642 SF | OR | $17,500,000 | 12.03% | Life Company | 5.72% | 1.30% + 10-Year UST |
Multifamily | 145 Units / 175,713 SF | WA | $10,500,000 | 15.72% | Life Company | 5.67% | 1.30% + 10-Year UST |
Multifamily | 296 Units / 115,048 SF | CA | $30,000,000 | 12.59% | Life Company | 5.50% | 1.30% + 7-Year UST |
Multifamily | 302 Units / 240,000 SF | NV | $63,191,250 | 8.75% | Life Company | 5.68% | 1.42% + 10-Year UST |
Multifamily | 52 Units | WA | $3,205,000 | 14.02% | Life Company | 5.66% | 1.65% + 5-Year UST |
Multifamily | 80 Units | CA | $8,500,000 | 9.91% | Life Company | 5.93% | 2.00% + 5-Year UST |
Multifamily | 20,871 SF | CA | $13,500,000 | 6.95% | Life Company | 8.35% | 4.00% + SOFR |
Multifamily | 112 Units / 109,944 SF | TX | $9,350,000 | 9.42% | Bank | 6.13% | 6.13% + 5-Year UST (Fixed) |
Multifamily | 70 Units | TX | $4,875,000 | 9.29% | Bank | 6.25% | 6.25% + 5-Year UST (Fixed) |
Multifamily - Portfolio | 830 Units | OK / AZ | $35,800,000 | 10.32% | Agency | Fannie | 1.28% + 10-Year UST |
Multifamily - Portfolio | 15 Homes | OR | $4,121,400 | 9.55% | Agency | 5.91% | 2.04% + 5-Year UST |
Multifamily / Retail | 72,115 SF | NY | $3,500,000 | 10.95% | Credit Union | 6.25% | NA - Quoted Rate |
Office | 128,500 SF | KS | $9,700,000 | 11.80% | Life Company | 7.00% | 3.20% + 5-Year UST |
Office - Medical | 359,000 SF | CA | $4,000,000 | 10.40% | Life Company | 6.63% | 2.72% + 3-Year UST |
Office / Retail | 92,471 SF | WA | $10,200,000 | 18.62% | Life Company | 6.61% | 2.25% + 10-Year UST |
Office / Retail | 15 Units / 10,092 SF | CA | $5,800,000 | 12.50% | Life Company | 6.38% | NA - Quoted Rate |
Retail | 10,872 SF | AZ | $2,000,000 | 23.90% | Bank | 6.13% | 1.75% + 5-Year UST |
Retail | 98,519 SF | WA | $3,700,000 | 24.10% | Life Company | 6.21% | 1.80% + 10-Year UST |
Retail | 30,953 SF | WA | $6,000,000 | 16.99% | Life Company | 5.92% | 1.80% + 5-Year UST |
Retail | 30,279 SF | AZ | $4,750,000 | 14.80% | Life Company | 6.57% | 2.15% + 10-Year UST |
Retail | 35,420 SF | CA | $6,500,000 | 13.16% | Debt Fund | 6.54% | 2.25% + 10-Year UST |
Retail | 16,840 SF | CA | $6,600,000 | 12.00% | Life Company | 6.50% | 2.39% + 5-Year UST |
Retail | 24,604 SF | CA | $5,200,000 | 3.90% | Life Company | 7.38% | 3.50% + 3-Year UST |
Retail - Single Tenant | 2,400 SF | MN | $1,300,000 | 14.10% | Bank | 6.00% | 1.95% + 5-Year UST |
Retail - Single Tenant | 20,334 SF | CA | $3,000,000 | ADV | Life Company | 7.25% | NA - Quoted Rate |
Retail / Medical Office | 30,740 SF / 10,916 SF | CA / OR | $2,500,000 | 22.47% | Debt Fund | 6.31% | 2.35% + 5-Year UST |
Retail / Self Storage | 95,000 SF (R) / 25,000 SF (SS) | IN | $5,375,000 | OOO 8.00%/11.00% | Credit Union | 7.00% | 7.00% + 3-Year UST (Fixed) |
Self Storage | 230 Units / 336,283 SF | CO | $4,500,000 | 10.94% | Bank | 6.50% | 3.00% + 5-Year UST |