Gantry has arranged permanent financing in the amount of $3,350,000 for the Bluff Springs Apartment Complex, a 104 unit apartment community in Austin, Texas. Jamie Dick, a Vice President of Gantry, arranged the financing for the borrower, a San Diego based apartment investor, with Fannie Mae through Gantry.s correspondent relationship with Walker & Dunlop LLC. The non-recourse loan provided a fixed rate of 5.52% for the full 10 year term and is amortized over 30 years. The property has been held for investment for a number of years and currently has an occupancy of 98%. With offices in Irvine, Los Angeles, San Francisco, Sacramento, Seattle, Las Vegas and Phoenix, Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry.s loan production, closing and servicing capabilities. Established in November 1991, Gantry is currently staffed by over 50 employees. The company services over $5 Billion with nearly 800 loans. Gantry has been rated as a Primary servicer by Standard &Poors and is one of a select few non-banking/non-insurance chartered companies with this designation. For more information on this transaction please contact Jamie Dick at (858) 735-5963 or Michael Heagerty at (415) 956-9854.