Property Type Mixed
Financing Type Permanent
Date February 26, 2016
Gantry has arranged permanent financing in the amount of $18,250,000 for a mixed-use specialty center that consists of four separate buildings, located around a beautiful central courtyard.
Gantry has arranged permanent financing in the amount of $18,250,000 for a mixed-use specialty center that consists of four separate buildings, located around a beautiful central courtyard. The property is designed with approximately 40,000 square feet of office space, two restaurants, and approximately 24,000 square feet of ground-floor retail space. The subject is situated on 7.88 acres of land, built in 2006, and is 100% occupied.
Patrick Barkley, Principal and Chad Metzger, Associate Vice President arranged the interest only financing through one of its existing CMBS relationships. Specific terms of the loan 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 $7.5 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 Patrick Barkley at 602-374-7806 or Michael Heagerty at 415-956-9854.