Gantry has arranged construction and permanent financing in the amount of $6,000,000 for a 38-room, 28,870 square foot freestanding transitional rehabilitation facility located in Las Vegas, Nevada.

The subject property is leased to a single-tenant operator on a long-term basis. The center is one of several operated by the tenant in the region. The rehabilitation facilities are specifically designed for patients recovering from acute health issues such as mild strokes and hip replacements.

Demetri Koston and Chris Funai, both Vice Presidents of Gantry, represented the developer and arranged the financing through a bank. In addition to securing the construction loan, Demetri and Chris were able to arrange a mini-permanent loan to take-out the construction loan upon project completion.

With offices in Las Vegas, San Francisco, Sacramento, Seattle, Los Angeles, Irvine 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 $5.5 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 Demetri Koston at (509) 720-6364, Chris Funai at (702) 304-0437 or Michael Heagerty at (415) 956-9854.