Gantry Arranges $24.4M Agency Permanent Loan for Colorado Springs Apartment Building

COLORADO SPRINGS, COLO. — Gantry has provided a $24.4 million Freddie Mac permanent loan for The Edison at Chapel Hills, an apartment building in Colorado Springs’ Briargate neighborhood. Joe Monteleone and Bonnie Monteleone of Gantry originated the loan on behalf of the undisclosed borrower. The 10-year, non-recourse, fixed-rate loan includes partial-term interest-only payments followed by a 35-year amortization schedule. Situated on 7 acres at 970 Menlo Park Point, The Edison at Chapel Hills f