Working on an exclusive basis, William Monheit, Principal of Gantry, recently arranged financing in the amount of $12,000,000 for the Laguna Seca Shopping Center in Las Cruces, New Mexico. Laguna Seca is a 117,270 square foot retail center anchored by Ross Stores, Pier 1 Imports, Big 5 Sporting Goods, Marshall’s and PetCo. Financing was provided by Goldman Sachs Commercial Mortgage Capital, L.P. at a rate of 6.08% on a 10 year term with a 30 year amortization. Despite the extremely volatile market activity occurring in late July during the closing, Goldman Sachs worked with Gantry to close the transaction on the terms of the loan as applied for by the Borrower. With offices in San Francisco, Sacramento, Los Angeles, Irvine, Phoenix, Las Vegas and Seattle, 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 William Monheit at (415) 956-9851, or Michael Heagerty at (415) 956-9854.