Property Type Industrial
Date January 19, 2016
Gantry has arranged permanent financing in the amount of $2,550,000 for a 50,780 square foot multi-tenant light industrial / R&D building. The subject property is located in the city of Poway, in northeast San Diego County, California.
Gantry has arranged permanent financing in the amount of $2,550,000 for a 50,780 square foot multi-tenant light industrial / R&D building. The subject property is located in the city of Poway, in northeast San Diego County, California.
Thomas Dudley, Jr., a Principal of Gantry, arranged the financing on behalf of one of its insurance company correspondents. The project has maintained strong historic occupancy since project completion about ten years ago. Specific terms of the loan were not disclosed.
With offices in Irvine, Los Angeles, San Francisco, Sacramento, Seattle, 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. In addition to arranging loans, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in November 1991, Gantry is currently staffed by approximately 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, contact Thomas Dudley Jr. at (949) 777-9033 or Michael Heagerty at (415) 956-9854.