Property Type Multi-Family
Financing Type Permanent
Date January 19, 2016
Gantry has arranged permanent financing in the amount of $26,500,000 for an Embassy Suites Hotel in Phoenix, AZ.
Gantry has arranged permanent financing in the amount of $26,500,000 for an Embassy Suites Hotel in Phoenix, AZ. Patrick Barkley, a Principal of Gantry located in the Phoenix office, arranged the financing through a CMBS lender. The subject is a 229-all suite hotel that features a four-story courtyard corridor and resort style pool. Financing was provided through one of Gantry’s CMBS lending relationships.
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 1991, Gantry is currently staffed by over 60 employees in regional offices throughout the western United States. The company services approximately $8 billion representing over 900 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 Patrick Barkley at (602) 374-7806, Chad Metzger at (602) 374-7268, or Michael Heagerty at (415) 956-9854.