Orange County, CA
July 11, 2018
Gantry, the largest independent commercial mortgage banking firm in the U.S., has arranged $7,700,000 in fixed-rate financing for a portfolio of industrial buildings located in Orange County, CA. The portfolio comprises ~149,514 rentable square feet representing historical strong tenancy and sponsorship.
George Mitsanas, Principal, and Chandler Hogue, Associate, of Gantry’s Los Angeles office, arranged the financing on behalf of the borrower. The 10-year loan was placed with one of Gantry’s correspondent life insurance company lenders.
According to George Mitsanas, “Industrial is presently the product of choice for a number of our capital sources. Whether we are financing smaller industrial buildings in Orange County or the two industrial boxes totaling 2.5M square feet in Dallas we completed last year, Gantry has competitive lenders, where in most cases we will service the loan. As a San Francisco-based, privately held mortgage banking company, our clients appreciate that we are dedicated commercial real estate finance professionals with decades of experience in securing and servicing loans throughout the nation.”