10Y UST4.75%+0.42%30Y MTG6.66%+0.15%SOFR3.68%+0.82%VNQ$96.30-0.15%XLRE$44.04-0.16%FED FUNDS3.63%
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Connect CRE · Washington · Multifamily

Gantry Secures $21M for Pacific Northwest Multifamily Assets

Via Connect CRE · September 1, 2026
Compiled by Real Estate Trail Editorial · September 1, 2026

Why this matters

Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Washington office has been a leading conversion market in the cycle, with multiple downtown Class B assets entering office-to-residential programs in the last twelve months. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from Connect CRE:
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-uni…
Read the full article at Connect CRE

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