JANUARY 3, 2019

SAN FRANCISCO, CA – Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $9,250,000 in financing for a multi-tenant flex R&D property in Mountain View, CA. Located in the Terra Bella neighborhood, near the intersection of Highway 101 and 85, the building is currently occupied by two research and development tenants.

Working on an exclusive basis, Jeff Wilcox and Robert Slatt, Principals, along with Charlie Kokernak, Associate, of Gantry’s San Francisco office, structured the financing as a first deed of trust with Stancorp Mortgage Investors. They were able to provide a flexible lending solution that paid off the acquisition financing, also secured by Gantry in 2015, in addition to recapitalizing equity spent on tenant improvements and leasing commissions. The 30-year, fully amortizing loan features rate resets every 5 years.

Gantry, a privately held company based in San Francisco, is a full service mortgage banking firm with an extensive lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in 1991, Gantry is currently staffed by over 70 employees in regional offices throughout the western United States. The company’s national servicing platform of $12 billion represents over 1,300 loans located in 42 states. Gantry is rated as a Primary Servicer by Standard & Poor’s and is one of a select few non-banking/non-insurance chartered companies with this designation.