Property Type Industrial
Date January 18, 2016
Gantry, has arranged permanent financing in the amount of $4,300,000 for the South City Business Center. Thomas Dudley, Jr., a Principal of Gantry, arranged the financing on behalf of one of its insurance company servicing correspondents.
Gantry, has arranged permanent financing in the amount of $4,300,000 for the South City Business Center. Thomas Dudley, Jr., a Principal of Gantry, arranged the financing on behalf of one of its insurance company servicing correspondents. The loan provided a favorable fixed-rate for a term of ten years. Other specific terms of the loan were not disclosed. South City Business Park is a 168,000 square foot multi-tenant industrial park comprised of six buildings. The property is located in the coastal area of San Diego County, in the rapidly growing city of Chula Vista. During the last several years Gantry has arranged over two billion dollars of financing in Southern California alone. With offices in Irvine, Los Angeles, San Francisco, Sacramento, Seattle, 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. 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 please contact Thomas Dudley at (949) 777-9033 or Michael Heagerty at (415) 956-9854.