Gantry, Inc., the largest independent mortgage banking firm in the U.S., has arranged nearly $38 million in permanent financing for three separate mobile home and RV parks in Arizona. Located in Mesa and Yuma, the communities consist of 950 pad sites and were more than 90% occupied at close.

Patrick Barkley, Principal in Gantry’s Phoenix office, worked with the borrowers to arrange the non-recourse, 10-year permanent loans with one of Gantry’s lending relationships. Each loan was afforded interest-only payments for the first five to seven years, followed by a 30-year amortization. The loans provided each of the borrowers with funds to recoup some equity from improving the property. Individual asset pricing and other terms were not disclosed.

Gantry arranged financing for 39 separate transactions, totaling more than $210 million in debt across 11 states over the past 30 days. That includes 13 industrial deals totaling $68.2 million; seven multifamily financing deals totaling $52.4 million, two mixed-use loans totaling nearly $28 million, six office loans totaling $23.3 million, two self-storage deals totaling nearly $19 million, seven retail financings totaling $12.6 million, as well as a pair of land deals totaling $6.9 million.