JANUARY 17, 2018

FORT WORTH, TX – Gantry has arranged permanent financing in the amount of $22,500,000 for a brand new, institutional quality, single-tenant distribution building located in Fort Worth, TX.

The subject loan is secured by a 712,000 sf distribution facility that is 100% leased to a credit tenant. The subject sits on just over 43 acres and is located approximately four miles from the Meacham International Airport.

George Mitsanas and Tim Storey, Principals of Gantry, worked exclusively with the borrower to arrange the 10-year, non-recourse financing with a correspondent life insurance company. The loan will be serviced by Gantry. Pricing and other terms were not disclosed.

“This was a great project to work on, given the strength and experience of the borrower in addition to the outstanding quality of the asset. Our lender provided very competitive terms and made the closing a very positive experience for all involved.”

-Tim Storey, Principal of Gantry

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 $10 billion represents over 1,200 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.