Gantry has arranged permanent financing in the amount of $26,000,000 for the Timber Ridge Apartments located in Portland, Oregon.

Built in 2010 by Polygon (a prominent northwest home builder) as part of the Timberland master-planned community, Timber Ridge Apartments include 238 units among 16 buildings. Originally planned as for-sale housing, all units have high-end finishes and amenities including wood burning fireplaces, granite countertops, 9’ ceilings, stainless appliances, and double vanities.     Situated in Northwest Portland, the location features convenient access to Downtown Portland and the new Intel Campus.

Michael Taylor, a Principal in Gantry’s Seattle office, led a team which included George Mitsanas, a Principal in Gantry’s Los Angeles office and Patrick Taylor, an Associate in Gantry’s Seattle office. Together, they secured financing for the property owner, Guardian Timber Ridge LLC, with one of Gantry’s correspondent lenders.