Gantry has arranged permanent financing in the amount of $5,500,000 for the San Ysidro Village Shopping Center, an 86,200 square foot shopping center located in San Ysidro, California.

James Dick, Vice President of Gantry’s San Diego office, arranged the financing for the borrower, a San Diego based investor. Advantus Capital Management agreed to a 10 year term loan with a 25 year amortization period. The loan is non-recourse. Other terms and conditions 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 over $7 billion representing 900 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 James Dick at (858) 793-8400 or Michael Heagerty at (415) 956-9854.