Gantry’s Principal, George Mitsanas, Vice-President, Peter Hillakas, and Associate, Michelle Hsieh, have arranged permanent financing in the amount of $16,300,000 for the refinance of a recently constructed, three-story, multi-tenant office/retail building. Gantry originally arranged the subject’s 2008 construction loan and now has arranged a 10 year permanent loan with a regional bank.

The loan is secured by a 32,000 SF building, with three and a half levels of subterranean parking, and was presented an award for Architectural Design by the Architectural Commission of Beverly Hills. The building is well located in the heart of Beverly Hills in the Golden Triangle and is situated on a largely trafficked street with great visibility and access. The property is fully leased with retail on the first floor and office on the second and third.

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 George Mitsanas at 310-846-5299, Peter Hillakas at 310-846-5315, or Michael Heagerty at 415-956-9854.