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Hazelwood, MO · Events
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Vacant Saint Ann Tower Lands $15.6M Loan for Market-Rate Housing Overhaul
A vacant 14-story apartment tower in Saint Ann, Missouri is getting new life after real estate finance firm Gantry arranged a $15.6 million bridge loan to fund its acquisition and redevelopment. The Santa Ana Apartments, a 169-unit complex at 3737 Ashby Road, had sat empty before being purchased, and the new financing will bankroll a comprehensive renovation aimed at turning the building into market-rate multifamily housing.
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