Gantry Secures $21.2M in Refinancing for Idaho Medical Offices

Independent mortgage banking firm arranges loans for properties in Coeur d'Alene and Sandpoint.

Published on Feb. 5, 2026

Got story updates? Submit your updates here. ›

Gantry, a San Francisco-based independent commercial mortgage banking firm, has secured $21.2 million in refinancing loans for two medical office properties in northern Idaho. The loans will refinance maturing debt for a 60,000-square-foot building in Coeur d'Alene that houses Kootenai Health medical offices, and a property in Sandpoint that is home to the Bonner General Health campus.

Why it matters

The refinancing deals highlight the strong performance of medical office assets compared to traditional office spaces, with lenders providing attractive financing options for stabilized, high-quality medical office properties. The transactions also showcase Gantry's ability to source competitive financing options from its network of life company correspondents and pension fund affiliates.

The details

The $11.5 million loan for the Coeur d'Alene property and the $9.7 million loan for the Sandpoint property were both five-year, fixed-rate loans provided by a single pension fund lender from Gantry's extensive roster of debt sources. Gantry's Inland Northwest production team, led by Principal Demetri Koston and Director Abi Hunter, represented the private real estate investor borrower in securing the financing.

  • The refinancing loans were secured in February 2026.

The players

Gantry

An independent commercial mortgage banking firm based in San Francisco that is the largest in the United States.

Kootenai Health

A healthcare system that operates the medical offices in the Coeur d'Alene property.

Bonner General Health

A healthcare system that operates the medical campus in the Sandpoint property.

Demetri Koston

Principal at Gantry's Inland Northwest division who led the refinancing transaction.

Abi Hunter

Director at Gantry's Inland Northwest division who worked on the refinancing transaction.

Got photos? Submit your photos here. ›

What they’re saying

“Medical office continues to outperform traditional office assets and is seeing consistent performance rewarded with attractive financing options.”

— Demetri Koston, Principal, Gantry's Inland Northwest division (idahobusinessreview.com)

“Ultimately, our client targeted financing that could achieve maximum proceeds with prepayment flexibility and a fixed, amortizing rate reflecting strong metrics and fundamentals, leading us to a regional pension fund lender ready with the desired terms.”

— Demetri Koston, Principal, Gantry's Inland Northwest division (idahobusinessreview.com)

The takeaway

The successful refinancing of these two medical office properties in northern Idaho demonstrates the continued strength of the healthcare real estate sector, which has outperformed traditional office space during the pandemic. Gantry's ability to secure competitive financing from its network of lenders highlights the firm's expertise in navigating the commercial mortgage market and meeting the needs of its clients.