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Multifamily Development on Seattle’s Mercer Island Lands Refinancing Loan

Gantry Provides $40 Million Permanent Financing for Mercer Apartments
The 233-unit Mercer Apartments on Mercer Island near Seattle was built in 2005. (CoStar)
The 233-unit Mercer Apartments on Mercer Island near Seattle was built in 2005. (CoStar)
CoStar News
July 24, 2024 | 6:21 P.M.

A multifamily investor secured a loan to refinance a 233-unit complex on Seattle’s Mercer Island in the latest sign that lenders and investors are capitalizing on steady demand for apartments in the area.

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