PHOENIX, AZ – Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $47.8 million of financing for eight individual properties in six unique transactions in three different states.

Tim Storey, Principal, and Chad Metzger, Associate, of Gantry’s Phoenix office and Tom Dudley, Principal Emeritus, collaborated with the six independent borrowers in securing the appropriate loans for each property’s investment requirements through correspondent life lenders, banks and CMBS sources. Transactions included properties in Arizona, Texas and North Carolina.

According to Tim Storey, “Lender appetite for quality real estate with vetted sponsorship remains strong nationally across primary, secondary and tertiary markets. Here in Arizona, we continue to see a high level of lender allocations in 4Q2018 for assets across the board including industrial, multifamily, office and even retail assets. Similarly, in the national marketplace we are finding our clients multiple options for capital solutions at historically low rates for all asset types. Our teams specialize in telling specific asset stories that find the right lender through comprehensive underwriting and realistic market analysis.”

• Class A Industrial (Storey/Dudley/Metzger): $10.5M for 140,000 sf class A industrial (Chandler, AZ)
• LA Fitness (Storey/Dudley/Metzger): $7M for 60,000 sf retail (Chandler, AZ)
• Industrial Business Center (Storey/Dudley/Metzger): $4.5M for 54,372 sf industrial (Phoenix, AZ)
• Hipp Portfolio (Storey/Metzger): $14 million for 115,000 sf Medical Office (Phoenix, AZ) and 63,200 sf Industrial (Charlotte, NC)
• 305 Huntland (Storey/Metzger): $6.8M for 46,155 sf class B office (Austin, TX)
• Mesa Corporate (Storey/Metzger): $5M for 106,000 sf class B office (Mesa, AZ)

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 $12 billion represents over 1,300 loans located in 42 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.