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Seattle & Northwest  + Portland  + Apartments  |  September 1, 2026
Jasmine Kilman
By: Jasmine Kilman

Gantry Secures $21M for Pacific Northwest Multifamily Assets

Gantry has secured $20.7 million in permanent loans to refinance maturing debt for two Pacific Northwest multifamily communities in Washington and Oregon.

The subject loans include a $13.3 million loan for the 134-unit Boxcar Apartments located at 15 N Grant Street in Spokane, and a $7.4 million loan for the 70-unit Treehouse Apartments located at 3440 SW US Veterans Hospital Rd in Portland. Both communities feature modern construction and contemporary interiors. “Multifamily continues to enjoy the widest range of potential debt sources, with agencies, life companies, banks, debt funds and CMBS lenders competing for assets that align with their targeted allocations,” said Hering.

Gantry’s Blake Hering, Principal, Charlie Kokernak, Director, and Hrishi Bukshin, Associate, with the firm’s Portland production office, represented the borrower, a private real estate investor. Both five-year, fixed-rate, non-recourse, full-term interest-only loans were secured from an institutional balance sheet lender.

The conversations behind tomorrow’s apartment deals happen at Connect Apartments on September 22 in LA. Connect with the capital sources, owners, developers, and brokers driving multifamily investment. Learn more and reserve your seat at www.connectapts2026.com.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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