Property Type Office
Date January 19, 2016
Gantry has arranged permanent financing in the amount of $1,875,000 for Scottsdale Executive Square.
Gantry has arranged permanent financing in the amount of $1,875,000 for Scottsdale Executive Square. Timothy W. Storey, a Principal in the Phoenix office, arranged the loan through one of Gantry’s life insurance company correspondents. The five year loan carries an interest rate of 5.43% and will amortize over a 25 year period. The property is a 30,000 square foot, two-story, multi-tenant office building located along Scottsdale Road, adjacent to the Scottsdale Airpark in Scottsdale, Arizona. With offices in Phoenix, San Francisco, Sacramento, Seattle, Los Angeles, Irvine and Las Vegas, Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. In addition to arranging loans, Gantry is active in loan restructuring assignments through its Debt Advisory Group. Established in November 1991, Gantry is currently staffed by approximately 50 employees in seven regional offices throughout the western United States. The company services over $5 billion with nearly 800 loans. Gantry has been rated as a Primary Servicer by Standard and Poor’s and is one of a select few non-banking / non-insurance chartered companies with this designation. For more information on this transaction, contact Timothy W. Storey at (602) 374-7854 or Michael Heagerty at (415) 956-9854.