Gantry has arranged permanent financing in the amount of $20,250,000 for a 243,456 square foot power center located in Omaha, Nebraska. The center is anchored by Best Buy, Sports Authority and Michael’s and shadow anchored by a 175,000 square foot Super Target store.

George Mitsanas, a Principal of Gantry, and Ted Norman, head of the firm’s Debt Advisory practice, arranged the financing for the property. The sponsors acquired the construction loan for the project from a bank and immediately acquired the deed from the original developer. The permanent financing completed the recapitalization of the project. The lender was a correspondent insurance company of Gantry. Terms and pricing were not disclosed.