Gantry, recently arranged financing in the amount of $6,875,000 for the El Granada apartment complex. John Rowder, a Principal, and James McConnico, a Vice President, of Gantry secured the loan through its correspondent, StanCorp Mortgage Investors, LLC, a Portland, Oregon based insurance company. Gantry acted as the exclusive financial advisor to the borrower. Located in Berkeley, California, El Granada apartment complex is a 46 unit student apartment building with over 15,000 square feet of retail space below the apartments. The borrowers refinanced the property, which has been family owned for many years. With offices in Sacramento, San Francisco, Seattle, Los Angeles, Irvine, Las Vegas and Phoenix, Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in November 1991, Gantry is currently staffed by over 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, please contact John Rowder at (916) 565-2650, James McConnico at (916) 565-4453 or Michael Heagerty at (415) 956-9854.