JUNE 19, 2018

LOS ANGELES, CA – Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $54,000,000 in fixed-rate financing for Artisan Apartments in Huntington Beach, CA. Located directly off I-405 and adjacent to numerous lifestyle and employment centers, the 13-building, garden-style community comprises of 277 recently renovated 1 and 2 bedroom units.

George Mitsanas, Principal, and Chandler Hogue, Associate, of Gantry’s Los Angeles office, arranged the financing on behalf of the borrower. The 15-year loan was placed with one of Gantry’s correspondent life insurance company lenders. Gantry will also be the loan servicer.

According to George Mitsanas, “Multi-family in Orange County and throughout the nation is a product type Gantry has tremendous experience in. As a San Francisco-based, privately held mortgage banking company, our clients appreciate that we are dedicated commercial real estate finance professionals with decades of experience in securing and servicing loans throughout the nation. Our capital sources include insurance companies, banks, CMBS, debt funds and GSEs. Regardless if the assignment is for a low LTV long-term loan, a construction loan or highly leveraged capital stack, we have the sources of capital and track record to meet our clients’ needs.” 

Gantry, a privately held company based in San Francisco, is a full service mortgage banking firm with an extensive lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in 1991, Gantry is currently staffed by over 70 employees in regional offices throughout the western United States. The company’s national servicing platform of $12 billion represents over 1,300 loans located in 40 states. Gantry is rated as a Primary Servicer by Standard & Poor’s and is one of a select few non-banking/non-insurance chartered companies with this designation.