Property Type Retail
Financing Type Permanent
Date March 2, 2016
The property is situated on ~6.90 acres and is the first property constructed of a 43-Acre mixed-use project. The building is 100% occupied by a family entertainment center called Main Event.
Gantry has arranged permanent financing in the amount of $8,050,000 for a 58,300 SF single-tenant, special-use retail building. The property is situated on ~6.90 acres and is the first property constructed of a 43-Acre mixed-use project. The building is 100% occupied by a family entertainment center called Main Event.
Adam Parker, Principal, and Chad Metzger, Associate Vice President, arranged the permanent financing through one of Gantry’s correspondent relationships. Specific terms of the loan were not disclosed.
Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in 1991, Gantry is currently staffed by over 60 employees in regional offices throughout the western United States. The company services just under $9 billion representing 1,100 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 Adam Parker at 602-354-5275 or Michael Heagerty at 415-956-9854.