Gantry has arranged permanent financing in the amount of $75,500,000 for the refinance of Skypark Office and Medical Center located adjacent to Torrance Memorial Medical Center in Torrance, CA.

Braden Turnbull, Principal, George Mitsanas, Principal, and Amit Tyagi, Associate, of Gantry’s Los Angeles office, arranged the fixed-rate, non-recourse financing for the borrower, a major Los Angeles-based owner/developer/operator of primarily office properties. The 15 year loan, with a 25 year amortization, was placed with one of Gantry’s correspondent life insurance company lenders. The loan will be serviced by Gantry. According to George Mitsanas, “Sky Park has evolved into one of the South Bay’s premier addresses for medical office use. The campus is walking distance from Torrance Memorial Hospital and a few minutes by car from Little Company of Mary Hospital.”