Gantry has arranged financing for Phase I of The Water Garden. The Water Garden is a 1.3MM square foot Class “A” office complex in Santa Monica, CA. The $230MM loan was placed by Mark Ritchie, a Principal of Gantry, on behalf of The Water Garden Company, which is controlled by J. P. Morgan Asset Management. Gantry secured the loan through its correspondent Teachers Insurance and Annuity Association of America (TIAA-CREF), a national financial services organization with more than $406 billion in combined assets under management. Details on the fixed rate loan were not available. With offices in Los Angeles, San Francisco, Sacramento, Irvine, Seattle, Las Vegas and Phoenix, Gantry is a privately held full-service commercial mortgage banking firm that provides financing for income-producing properties. Gantry originates and services loans for its correspondent lenders and other insurance companies, pension funds, Wall Street conduits and commercial banks which are considered among the strongest and most active institutions in the real estate capital markets. For more information on this transaction please contact Mark Ritchie at (310) 846-5303 or Michael Heagerty at (415) 956-9854.