Property Type Office
Date January 18, 2016
George H. Mitsanas of Gantry has arranged permanent financing in the amount of $85,000,000, with a 15 year term, for a 448,072 SF Class “A”, 13 story highrise office tower, located in Woodland Hills, California.
George H. Mitsanas of Gantry has arranged permanent financing in the amount of $85,000,000, with a 15 year term, for a 448,072 SF Class “A”, 13 story highrise office tower, located in Woodland Hills, California. Acting as the borrower’s exclusive mortgage banker, Gantry arranged the financing through its servicing correspondent, DBMC. During the past three years, Mr. Mitsanas and his fellow Gantry principals have placed in excess of $500,000,000 with DBMC. The subject property is located in the heart of Warner Center, one of Los Angeles’ premiere office markets in proximity to (101) freeway, restaurants, shopping, and entertainment. Part of the Warner Center master-planned community consisting of over 2 million Square Foot of office product. Gantry principals have financed over $350 million in the Warner Center. The property is 100% leased to a single, investment grade tenant. Due to the unique nature of the lease, the Deutsche Bank Mortgage Capital (DBMC) loan represents a complex and well thought out capital structure. With offices in San Francisco, Los Angeles, Sacramento, San Jose, Orange County, Phoenix and Las Vegas. Gantry is a privately held full service commercial mortgage banking firm that provides mortgage loans for income-producing properties. Gantry originates and services loans for its correspondent lenders who include Genworth (formerly GE Asset Management), StanCorp Mortgage Investors, LLC, ING Investment Management, TIAA-CREF (Teachers), Canada Life, American Fidelity Group, Advantus, State Farm Life, Allstate Life, and AIG Global Investment Group, Inc. Gantry also arranges financing with a variety of other insurance companies, Wall Street conduits, commercial banks, and lending institutions.