Gantry Secures $48M Construction Takeout Financing for Minnesota MF
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. Minneapolis medical office and industrial continue to outperform. Multifamily supply has cooled meaningfully entering 2026 and concessions are now retracing. 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
- The second Minneapolis story tracked on the wire in September 2026. All Minneapolis coverage →
- Disclosed multifamily deal value tracked in September 2026: $11.6B across 138 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
Gantry has secured a $48.3 million permanent loan to retire construction financing for The Edison at Maple Grove apartments located at 9820 Garland Lane North in Maple Grove, a suburb northwest of Minneapolis. The two…
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