Property Type Retail
Date January 18, 2016
William Monheit, Principal of Gantry has arranged permanent financing in the amount of $10,540,000 for 98,175 SF of retail shopping center in Bakersfield, California.
William Monheit, Principal of Gantry has arranged permanent financing in the amount of $10,540,000 for 98,175 SF of retail shopping center in Bakersfield, California. The financing was arranged on behalf of the Borrower through Citigroup Global Markets Realty Corp. The shopping center is located on the Northeast corner of White Lane and Ashe Road in Bakersfield. The center includes three buildings and is anchored by a 58,239 square foot Food Maxx. The buildings were constructed in 1986 and are situated on approximately 8.17 acres. With offices in San Francisco, Los Angeles, Sacramento, Phoenix, Seattle, Irvine, and Las Vegas, 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 (415) 956 9854.