Property Type Office
Financing Type Cash-Out Refinance
Date February 28, 2017
“This was an incredibly challenging loan to execute due to the nature of the ground lease, the major tenant negotiating a lease extension, and an existing CMBS loan maturity. Capital markets have been turbulent as interest rates have risen rapidly. In the end the borrower was pleased with a loan that met all their objectives.”
About the Deal
-Darren Pacheco, Vice President of Gantry
Gantry, a privately held company based in San Francisco, is a full service mortgage banking firm with an extensive lineup of correspondent lenders utilizing Gantry’s production, closing and servicing capabilities. Established in 1991, Gantry is currently staffed by over 60 employees in regional offices throughout the western United States. The company services nearly $10 billion representing over 1,100 loans located throughout the country. Gantry is rated as a Primary Servicer by Standard & Poor’s and is one of a select few non-banking/non-insurance chartered companies with this designation.