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Gantry Arranges $86.5M in Financing for Seven-Property Multifamily Portfolio in Arizona, Oklahoma

Ironwood-Apts-Tucson-AZ

Ironwood Apartments in Tucson, Ariz., is one of the seven properties included in the $86.5 million refinancing.

TUCSON, ARIZ., AND OKLAHOMA CITY, OKLA. — Gantry has secured $86.5 million in refinancing for a seven-property multifamily property in Arizona and Oklahoma. Patrick Barkley, Chad Metzger and Kevin Valenzuela of Gantry represented the borrower, BWL Properties, in the transaction. Wells Fargo arranged the 10-year Fannie Mae loans with five years of interest-only payments.

Totaling 1,601 units, the seven apartment communities were built between 1972 and 1985.

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