Property Type Retail
Date January 19, 2016
Mark Ritchie, a Principal of Gantry, has arranged $4,800,000 in financing for the CVS Drug Store on Pacific Coast Highway in Redondo Beach, CA.
Mark Ritchie, a Principal of Gantry, has arranged $4,800,000 in financing for the CVS Drug Store on Pacific Coast Highway in Redondo Beach, CA. The lender for this fully amortizing $4.8MM loan was financed with Gantry’s life company correspondents.
With offices in Los Angeles, San Francisco, Sacramento, Seattle, 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. 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 nearly $6 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 Mark Ritchie at (310) 846-5303.