High Rise Office
Woodland Hills, CA
$85,000,000
PROPERTY TYPE
Office
DATE
January 31, 2016
FINANCING TYPE
Permanent
George H. Mitsanas of Gantry has arranged permanent financing in the amount of $85,000,000, with a 15 year term, for a 448,072 SF Class “A”, 13 story highrise office tower, located in Woodland Hills, California. Acting as the borrower’s exclusive mortgage banker, Gantry arranged the financing through its servicing correspondent, DBMC. During the past three years, Mr. Mitsanas and his fellow Gantry principals have placed in excess of $500,000,000 with DBMC. The subject property is located in the heart of Warner Center, one of Los Angeles’ premiere office markets in proximity to (101) freeway, restaurants, shopping, and entertainment. Part of the Warner Center master-planned community consisting of over 2 million Square Foot of office product. Gantry principals have financed over $350 million in the Warner Center. The property is 100% leased to a single, investment grade tenant. Due to the unique nature of the lease, the Deutsche Bank Mortgage Capital (DBMC) loan represents a complex and well thought out capital structure.