Gantry Secures $24.4M Construction Loan for Apartment Community in Colorado Springs
Why this matters
This transaction underscores the continued institutional appetite for multifamily development in secondary markets, supported by agency-backed financing that remains a critical enabler for construction and stabilization phases. Gantry’s ability to secure a substantial permanent loan as construction takeout signals lender confidence in both the project’s fundamentals and the underlying market dynamics of Colorado Springs, a region benefiting from demographic tailwinds and relative affordability. Agency-backed capital, often perceived as more stable and cost-effective than purely private debt, suggests that despite broader tightening in credit conditions, certain multifamily projects with strong sponsorship and market positioning can still access favorable financing terms. This deal also highlights the ongoing bifurcation in CRE lending: while risk-averse lenders retreat from more speculative or non-core sectors, multifamily—especially in growth corridors outside gateway cities—continues to attract capital. For allocators and capital markets professionals, the transaction is a reminder that agency programs remain a vital conduit for deploying equity into multifamily development, offering a pathway to de-risk construction exposure and facilitate portfolio diversification in resilient US Sun Belt and Mountain West markets.
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On the RET wire
- Disclosed multifamily deal value tracked in August 2026: $9.5B across 121 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
COLORADO SPRINGS, COLO. — Gantry has secured a $24.4 million agency-backed permanent loan as construction takeout financing for The Edison at Chapel Hills, a multifamily property in Colorado Springs’ Briargate neighbo…
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