Gantry has arranged permanent financing in the amount of $13,750,000 for Los Altos Gardens, a multi-family residential community located in Los Altos, California.

The project consists of 25 one and two-bedroom flats, 24 two-bedroom townhomes and 8 single-family houses situated on approximately 6.5 acres.

Terri Slocombe and Mitch Zeemont of Gantry’s San Francisco office arranged the financing for the property owner through a national bank on a non-recourse basis.

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 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 Terri Slocombe at (415) 956-9898, Mitchell Zeemont at (415) 956-9885, or Michael Heagerty at (415) 956-9854.