Property Type Office
Date January 18, 2016
Gantry has arranged financing in the amount of $64,700,000 for Carillon Point located in Kirkland, Washington. Carillon Point is one of the premier commercial properties in the entire Northwest.
Gantry has arranged financing in the amount of $64,700,000 for Carillon Point located in Kirkland, Washington. Carillon Point is one of the premier commercial properties in the entire Northwest. Located on 26 acres of waterfront land along Lake Washington, the property includes 445,000 square feet of Class A office space, the boutique 100 room Woodmark Hotel and a 200 slip marina. The land has been owned by the same family since World War II and was developed to its current use between 1989 and 1991. Michael Taylor, a Principal, working out of Gantry.s Seattle office, secured the financing for the owners with John Hancock Life Insurance Company. The loan has a fixed rate, a 20 year term and is amortized over 25 years. Mr. Taylor had arranged financing on the property in 2001 and was hired on an exclusive basis to secure new financing to replace the loan funded in 2001. With offices in Seattle, San Francisco, Sacramento, Los Angeles, Irvine, Las Vegas and Phoenix, 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 November 1991, Gantry is currently staffed by over 50 employees in seven regional offices throughout the western United States. The company services over $5 billion with nearly 800 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 Michael Taylor at (206) 816-6816, Patrick Taylor at (206) 816-6808 or Michael Heagerty at (415) 956-9854.