Gantry has arranged permanent financing in the amount of $4,300,000 for the Lakeview Park Apartments, a 51,816 square foot, 72 unit apartment complex located in Santee, California, a suburban community in eastern San Diego County.

Jamie Dick, Vice President of Gantry’s San Diego office, assisted by Production Associate Jay Dick, arranged the financing for the borrower, a southern California based Children’s Charitable Trust. The lender, Lincoln Financial of Greensboro, North Carolina, is a Gantry correspondent life insurance lender. Lincoln agreed to a fully amortizing 25-year loan with fixed rate and provided the borrower with an extended early rate lock. Other terms and conditions were not disclosed.

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 60 employees in regional offices throughout the western United States. The company services over $8 billion representing 900 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 Jamie Dick at (858) 793-8400 or Michael Heagerty at (415) 956-9854.