Property Type Office
Date August 7, 2017
Gantry has arranged $27,000,000 of financing for the six-building, industrial/R&D business park totaling 103,000 square feet. The property is 100% occupied by nine tenants.
SAN CARLOS, CA – Gantry has arranged $27,000,000 of financing for the six-building, industrial/R&D business park totaling 103,000 square feet. The property is 100% occupied by nine tenants. Principals Robert Slatt, Jeff Wilcox and William Monheit and Associate Vice President Erinn Cooke worked on behalf of the borrower to arrange the non-recourse financing on a 10-year term with a 30-year amortization. Gantry arranged the loan with one of its correspondent lenders and will service the loan on behalf of the lender.
Gantry, a privately held company based in San Francisco, is a full service mortgage banking firm with an extensive lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in 1991, Gantry is currently staffed by over 70 employees in regional offices throughout the western United States. The company’s national servicing platform of $10 billion represents over 1,200 loans located in 40 states. Gantry is rated as a Primary Servicer by Standard & Poor’s and is one of a select few non-banking/non-insurance chartered companies with this designation.