George H. Mitsanas, Principal of Gantry, has arranged financing in the amount of $20,200,000 for two office buildings in the north waterfront district of downtown San Francisco. Working on an exclusive basis, Gantry arranged the financing on behalf of one of its servicing correspondents. Specific terms of the loan were not disclosed. The buildings were originally constructed as warehouse buildings in the early 1900’s and were converted to office use and completely renovated in 1997 and 1999. The buildings consist of five and six stories and consist of approximately 102,000 square feet of net rentable area, occupied by three media and technology-oriented tenants including Pearson Education, Publicis Dialogue and Telephia. Pearson’s parent company is Pearson PLC (NYSE:PSO) the international media company which also owns 50% of The Economist magazine. Publicis Dialogue is a global advertising and public relations firm based on France (NYSE:PUB). Telephia is a market research firm specializing in the wireless telecommunications industry. The properties are located in an historic area of downtown currently undergoing major redevelopment. The property is surrounded by other Class A buildings including Levi Plaza in addition to various restaurants, shopping, and public transportation. Earlier this year, Mr. Mitsanas closed a $44,000,000 permanent loan for CNET’s corporate headquarters also located in downtown San Francisco. San Vicente Blvd Wilshire Blvd With offices in Los Angeles, San Francisco, Sacramento, San Jose, Irvine, Phoenix, and Las Vegas, 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.