Property Type Retail
Financing Type Refinancing
Date June 13, 2017
Mitch Zeemont, Principal, and Darija Walker, Associate, in Gantry’s San Francisco office, arranged the non-recourse, 10-year term, 25-year amortization financing as correspondent for Genworth Financial. Gantry will service the loan. Pricing and other terms were not disclosed.
LODI, CA – Gantry has arranged refinancing in the amount of $9,150,000 secured by a five building, multi-tenant, 9.11 acre, fully occupied retail shopping center in Lodi, CA. Some of the tenants include Chili’s, Round Table Pizza, Pier 1 Imports, and H&R Block. The subject is located at one of the prime retail intersections location in Lodi, with Kettleman Road being one the major retail arterials in Lodi. Major tenants in the immediate area at this intersection include Lowe’s, Wal-Mart, In-N-Out Burger, Bev Mo, Target, Chase, and US Bank.
Mitch Zeemont, Principal, and Darija Walker, Associate, in Gantry’s San Francisco office, arranged the non-recourse, 10-year term, 25-year amortization financing as correspondent for Genworth Financial. Gantry will service the loan. Pricing and other terms were not disclosed.
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 60 employees in regional offices throughout the western United States. The company services nearly $10 billion representing over 1,100 loans located throughout the country. 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.