SEPTEMBER 14, 2018

PHOENIX, AZ – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $20,012,000 construction financing for two hybrid multi-family properties located in Chandler and Gilbert, Arizona. Patrick Barkley, Principal, and Chad Metzger, Associate Vice President, of Gantry’s Phoenix office, worked exclusively with the borrower in arranging the 3-year, interest-only construction loan through a regional bank. Similar to single-family homes, both property sites consist of single-story, detached dwellings, with private backyards and porches. However, similar to typical multifamily properties, the homes and landscapes are maintained by the property management company, each situated on approximately.6.5 acres of land.

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.