Property Type Multi-Family
Date January 19, 2016
Gantry has arranged financing in the amount of $21,675,000 for five multifamily assets located in the Tucson and Phoenix areas.
Gantry has arranged financing in the amount of $21,675,000 for five multifamily assets located in the Tucson and Phoenix areas. Adam Parker, Vice President for Gantry, worked on behalf of multiple borrowers, to arrange the separate transactions.
The security for the multiple loans includes Class A, B, and C multifamily assets. All five apartment buildings are stabilized. Mr. Parker arranged the five separate loans through four separate lenders illustrating his ability to source the right lender for different loan scenarios.
Gantry is a full service mortgage banking firm with a strong lineup of correspondent lenders that utilize 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 approximately $7 billion that represent over 875 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 Adam Parker at (602) 354-5275 or Michael Heagerty at (415) 956-9854.