Gantry Secures $73M Refinancing for Kansas Multifamily Property

Gantry Secures $73M for Kansas City Region Multifamily Property

Gantry has secured a $73 million permanent loan to refinance the Prairie Creek Apartments & Townhomes located at 9395 Scarborough Street in Lenexa, Kansas, a suburb of the greater Kansas City MSA. The 425-unit, master-planned apartment community features a mix of garden-style and townhome buildings with one-, two-, and three-bedroom floor plans. Amenities include a clubhouse with billiards, media room, business center, fitness center, resort-sty…

Gantry Secures $73M Refinancing for Kansas Multifamily Property

LENEXA, KAN. — Gantry has secured a $73 million permanent loan to refinance Prairie Creek Apartments & Townhomes in Lenexa. The 425-unit apartment community features a mix of garden-style and townhome buildings with one-, two- and three-bedroom floor plans. Amenities include a clubhouse, media room, business center, fitness center, pool, sports court, car wash facility and playground. Gantry’s Mark Reichter and Alec Frook represented the borrowe…