Peter G. Welsh, Managing Principal of Gantry, Inc, has arranged permanent financing in the combined amount of $16,850,000 for a portfolio of Southern California industrial buildings. Located in Los Angeles, Orange, San Diego, Riverside and San Bernardino Counties, the portfolio consists of 39 primarily single tenant manufacturing and light distribution buildings totaling approximately 500,000 S.F. The properties were developed and are still owned by the principals of Rancho Santa Margarita-based Saddleback Associates. The 10 year loan was crafted to contain prepayment, partial pay-down, collateral substitution and release features not commonly found in conventional life company or CMBS loans. Financing was provided by Minneapolis-based Riversource Investments, LLC (formerly American Express Financial Services) a Gantry loan correspondent. With offices in Los Angeles, San Francisco, Sacramento, Phoenix, Irvine, Las Vegas and Seattle, Gantry is a privately held full-service commercial mortgage banking firm that provides financing for income-producing properties. Gantry originates and services loans for its correspondent lenders and other insurance companies, pension funds, Wall Street conduits and commercial banks which are considered among the strongest and most active institutions in the real estate capital markets. For more information on this transaction please contact Peter G. Welsh (310-846-5298) or Michael Heagerty (415-956-9854).