Gantry Secures $68M Financing for Silicon Valley Assets

June 19, 2017

The recent long-term financing for two office properties and a big-box retail center brings the firm’s debt transaction volume in these submarkets to $157 million in 2017

 Gantry secured around $67.8 million in long-term financing for a big-box retail center in San Jose and two office properties in Silicon Valley. The firm’s debt transaction volume in 2017 in these submarkets is now $157 million. The company will service all three loans.

“Each of these transactions reflects broader trends in the current marketplace regarding commercial real estate finance,” said Michael Heagerty, principal & CFO with Gantry, in prepared remarks. “These strategic refinancings typically position the property for long-term stability, sometimes extracting appreciated value for a variety of potential uses, or positions the property for sale, transfer to new ownership structure or renovation and improvement.”

Full articles can be found here:

Commercial Property Executive Article 

Connect Media


Social media & sharing icons powered by UltimatelySocial