SEPTEMBER 4, 2018

PHOENIX, AZ – Gantry has arranged $9,880,000 in financing for four multifamily assets totaling 153 units. One of the properties is located in Bullhead City, AZ, and the other three are located throughout Phoenix, AZ – specifically in the Arcadia Lite and the historic Encanto neighborhoods. Adan Parker, Principal, and Chad Metzger, Associate Vice President, of Gantry’s Phoenix office, arranged all four loans for the same sponsor through three different regional banks. The three Phoenix assets included holdback dollars that the sponsor could draw upon to complete property renovations.

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 40 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.