January 18, 2016
George H. Mitsanas, a Principal of Gantry has arranged construction-permanent financing in the amount of $24,000,000 for a to-be-built 525,000 square foot state-of-the-art beverage distribution warehouse facility. The building is leased for a 15-year term to Indiana’s largest beer and wine distributor. The property is under construction and scheduled to be completed in 2009. Gantry arranged the financing on behalf of one of its life company correspondents and will service the loan. Year to date 2008, Mr. Mitsanas has arranged over $100,000,000 in construction loans. Specific terms of the loan were not disclosed. The Gantry team has extensive industrial financing experience with a wide variety of capital sources including banks, life companies and private parties. In addition, our experience includes institutional sales, joint ventures and REIT operating unit transactions. Gantry services over $5 billion in loans and is a Rated Loan Servicer.