Gantry has arranged $10,500,000 in financing for two mixed use buildings located in the San Francisco Bay Area.

The first building, located at 2111 Mission Street in San Francisco, is a 100,000 SF office over first floor retail building that caters to local non-profit, creative and technology companies. The $5.5MM loan was structured on a 10 year term with a 30 year amortization. The loan was funded by one of Gantry’s correspondent insurance company lenders.

The second building, located at 270 University Avenue, is within the heart of downtown Palo Alto. Built in 2005, the property won a Design Merit Award in 2006 from the American Institute of Architects. The non-recourse, $5MM loan was structured on a 10 year term with a 30 year amortization. Gantry placed the loan with a national bank. Jeff Wilcox, a Vice President in Gantry’s San Francisco office, secured financing for both projects.

With offices in San Francisco, Sacramento, Seattle, Los Angeles, Irvine, Las Vegas and Phoenix, Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. In addition to arranging loans, Gantry is active in loan restructuring assignments through its debt advisory group. Established in November 1991, Gantry is currently staffed by approximately 50 employees in seven regional offices throughout the western United States. The company services over $6 billion with nearly 800 loans. Gantry has been rated as a Primary Servicer by Standard and Poor’s and is one of a select few non-banking / non-insurance chartered companies with the designation.

For more information on this transaction please contact Jeff Wilcox, License # 01843180 at (415) 946-6239 or Michael Heagerty, License # 1106381 at (415) 956-9854. Gantry License # 01188877