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Trophy Office Tower

Century City, CA

$125,000,000

PROPERTY TYPE

Office

DATE

January 20, 2016

FINANCING TYPE

Permanent

Gantry has arranged permanent financing in the amount of $125,000,000 for a 28-story, 596,856 square foot Class A office tower in Century City. Constructed in 1969, the property is a trophy asset with a strong line-up of F.I.R.E. (Finance, Insurance, Real Estate) and legal tenants. George Mitsanas, Principal, and Doug Tisdale, Associate, in Gantry’s Los Angeles office, arranged the fixed-rate, non-recourse financing for the borrower. George Mitsanas has financed this property for the borrower twice before. The 10-year loan was placed with one of Gantry’s correspondent life insurance company lenders and provides for interest-only for the entire loan term.

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