Gantry’s Los Angeles office has placed $200,000,000 of self-storage financing with four life insurance companies. The recent transactions include 25 loans secured by 28 storage facilities located throughout California. All of the non-recourse loans involved fixed interest rates as low as 4.0% and included a variety of loan structures such as forward commitments, long-term fully amortized loans, bridge to stabilization and acquisition. Arranging the financing on behalf of three private storage owners/operators were Gantry’s Peter Welsh, Braden Turnbull and Peter Hillakas.

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 regional offices throughout the western United States. The company services over $6 billion representing 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 this designation.