Property Type Office
Financing Type Permanent
Date January 19, 2016
Gantry has arranged permanent acquisition financing in the amount of $137,500,000 for a 25-story, 379,328 square foot Class A office tower in the South Financial District of San Francisco. Constructed in 2002 and LEED-Gold certified, the property has a strong line-up of F.I.R.E., legal and technology tenants.
Gantry has arranged permanent acquisition financing in the amount of $137,500,000 for a 25-story, 379,328 square foot Class A office tower in the South Financial District of San Francisco. Constructed in 2002 and LEED-Gold certified, the property has a strong line-up of F.I.R.E., legal and technology tenants.
Mark Ritchie and George Mitsanas, Principals in Gantry’s Los Angeles office, arranged the fixed-rate, non-recourse financing for the borrower, a large institutional investor. The 12 year loan was placed with one of Gantry’s correspondent life insurance company lenders and provides for interest only for the entire loan term.
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 Mark Ritchie at (310) 846-5303, George Mitsanas at (310) 846-5299 or Michael Heagerty at (415) 956-9854.