Property Type Multi-Family
Date January 18, 2016
Mike Taylor and George Mitsanas, both Principals of Gantry worked on an exclusive basis to arrange bridge financing in the amount of $16,500,000 for a 124 unit multi-family property in Mountain View, CA.
Mike Taylor and George Mitsanas, both Principals of Gantry worked on an exclusive basis to arrange bridge financing in the amount of $16,500,000 for a 124 unit multi-family property in Mountain View, CA. Originally constructed in 1966, the property has a mix of one and two-bedroom units with a large average unit size. The borrower acquired the property in 2005 and subsequently performed extensive interior and exterior renovations. With offices in Los Angeles, Seattle, San Francisco, Sacramento, Irvine, Las Vegas and Phoenix, Gantry is a privately held full-service commercial mortgage banking firm that provides financing for income-producing properties. Gantry originates and services loans for its correspondent lenders and other insurance companies, pension funds and commercial banks which are considered among the strongest and most active institutions in the real estate capital markets. For more information on this transaction please contact Mike Taylor at (206) 816-6808, George Mitsanas at (310) 846-5299 or Michael Heagerty at (415) 956-9854.