Robert Slatt, a Principal, and Jeff Wilcox, a Vice President, both of Gantry’s San Francisco office, arranged financing in the amount of $9,000,000 for an Active Senior Living Apartment Building located in Springfield, IL.

The 129 unit building had a maturing CMBS loan that came due in early January. Gantry was able to secure the financing through Ladder Capital Finance, which met the borrower’s closing time requirements. Pricing and terms of the transaction were not disclosed.

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. Established in 1991, Gantry is currently staffed by over 50 employees in seven regional offices throughout the western United States. The company services $6 billion of 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 Robert Slatt at 415-946-6246, Jeff Wilcox at 415-946-6239 or Michael Heagerty at 415-956-9854.