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Cronheim Mortgage Arranges Two Loans Totaling $16.9M for Gander Mountain Stores

Gander Mountain is a chain of retail stores offering merchandise for hunting, fishing, camping and other outdoor recreation sports.

WOODBURY, MINN. AND JOLIET, ILL. — Cronheim Mortgage has arranged two loans totaling $16.9 million to refinance two Gander Mountain stores in the Midwest. The buildings, located in Woodbury, Minn. and Joliet, Ill., are each approximately 66,000 square feet. David Turley, Janet Proscia and Jeff Pacailler of Cronheim Mortgage arranged the non-recourse, fixed-rate bank loans. Both the lender and borrower in the deal are undisclosed.

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