Gantry has arranged permanent financing in the amount of $25,000,000 for two mid-rise office buildings totaling 102,028 square feet in the North Waterfront area of downtown San Francisco. Both buildings were extensively renovated by the borrower in 1999. Tenants include a publisher of educational materials as well as technology tenants. George Mitsanas, Principal, and Doug Tisdale, Associate, in Gantry’s Los Angeles office, arranged the fixed-rate, non-recourse financing for the borrower, a San Francisco based developer. George Mitsanas has financed this property for the borrower once before. The 15-year loan was placed with one of Gantry’s correspondent life insurance company lenders. 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 over $8 billion representing 1,000 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 George Mitsanas at (310) 846-5299 or Michael Heagerty at (415) 956-9854.