Gantry has arranged $43,800,000 in permanent financing secured by Opus 29, Opus 31 and Note 16, three class “A” multifamily properties totaling 305 units in Nashville.

George Mitsanas, Principal, Mike Taylor, Principal, Chris Funai, Vice President, Patrick Taylor, Associate, and Josh Natker, Associate arranged the fixed-rate, non-recourse financing for the borrower.  The 10-year loans were placed with one of Gantry’s correspondent life insurance company lenders using general account funds and provides for interest-only for two years for each loan, followed by a 30 year amortization. There was an immediate funding of $32,500,000 with a forward component of $11,300,000.