Property Type Industrial
Date January 19, 2016
Gantry arranged a 10-year, $2,800,000 loan secured by a 51,300 square foot light industrial building leased to the iconic Torani flavored syrup company.
Gantry arranged a 10-year, $2,800,000 loan secured by a 51,300 square foot light industrial building leased to the iconic Torani flavored syrup company.
Eric Von Berg, a Principal at Gantry, and Tom Dao, an Associate Vice President at Gantry, placed this loan with Symetra Life Insurance Company. Brad Skepner, one of the property owners, commented about the transaction: “Eric and Tom helped us navigate through the application, approval and documentation process. We are very happy with the result.”
With offices in San Francisco, Sacramento, Seattle, Los Angeles, Irvine, 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 $5.5 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 Eric Von Berg at (415) 956-9922 or Michael Heagerty at (415) 956-9854.