Gantry has arranged a 20-year fully amortizing $19,000,000 loan for 1635 Divisadero in San Francisco, California. The subject property is a 66,122 square foot, 6-story medical office building, with an adjacent 6-story parking structure located across from the UCSF Medical Center at Mount Zion.

Eric Von Berg, a Principal of Gantry, was brought in by Ken Hirsch of Brownstone Investment Company to jointly take this financing request to market among Gantry’s life insurance correspondents as well as all direct lenders. Because of the quality of the building and the strength of the borrower there was intense competition among lenders quoting this transaction. John Hancock won the competition by offering a competitive rate, longer loan term and a flexible loan structure.

With offices in San Francisco, Sacramento, Seattle, Los Angeles, Irvine, 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. In addition to arranging loans, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in November 1991, Gantry is currently staffed by approximately 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 Eric Von Berg at (415) 956-9922 or Michael Heagerty at (415) 956-9854.

If you are interested in receiving   the latest press releases, mailers and articles via e-mail please visit us at our website www.Gantryrealtycapital.com.