Gantry has arranged permanent financing in the amount of $12,000,000 for the refinance of Independence Square Shopping Center located in the Kearny Mesa area of San Diego, California.

James Dick, a Vice President in Gantry’s San Diego office, arranged the 10 year term, fixed rate, non-recourse financing for a private client. The lender was a national bank. Pricing and terms were not disclosed.

Gantry is a full service mortgage banking firm headquartered in San Francisco, California. Gantry has a strong lineup of correspondent lenders which utilize Gantry’s loan origination, closing and loan servicing capabilities. In addition to arranging loans for income property borrowers, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in 1991, Gantry is currently staffed by approximately 50 employees located in 10 offices throughout the western United States.   The company services over $6 Billion in mortgages with nearly 800 loans for various lender/investor clients.   Gantry is a Standard and Poor’s rated Primary Servicer and is one of a select few non-banking / non-insurance chartered companies with this designation.

For more information on this transaction please contact James Dick, License # 01149466 at (858) 794-1418 or Michael Heagerty, License # 1106381 at (415) 956-9854. Gantry License # 01188877.