Property Type Office
Date January 18, 2016
Gantry arranged permanent financing in the amount of $21,000,000 as correspondent for one of its life insurance company lenders. 100 Hamilton is one of the premiere addresses in downtown Palo Alto, containing 72,000 square feet of office space in four stories with underground parking.
Gantry arranged permanent financing in the amount of $21,000,000 as correspondent for one of its life insurance company lenders. 100 Hamilton is one of the premiere addresses in downtown Palo Alto, containing 72,000 square feet of office space in four stories with underground parking. Eric Von Berg and Tom Dudley, both Principals of Gantry, lead the team, underwriting and closing for this loan. The non-recourse loan provided a long-term, fixed rate of 6.35% amortized over 27 years. 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. In addition to arranging loans, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in November 1991, Gantry is currently staffed by over 50 employees in seven regional offices throughout the western United States. The company services over $5 billion with 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 this designation. For more information on this transaction, contact Eric Von Berg at (415) 956-9922 or Michael Heagerty at (415) 956-9854.