DECEMBER 22, 2016

SAN JOSE, CA – Gantry has arranged financing in the amount of $8,500,000 secured by a 112,151 SF flex office space consisting of five, one-story buildings located in the North San Jose submarket of Silicon Valley. Mitch Zeemont, Principal, and Darija Walker, Associate, in Gantry’s San Francisco office, arranged the non-recourse, 15-year term, 25-year amortization with one of Gantry’s correspondent relationships. Pricing and other terms were not disclosed.

The subject property consists of highly sought after, highly functional, flex office space that is centrally located between Interstate 880 and 680. This deal relied on strong sponsorship; where the sponsors had over 75 combined years of experience in commercial real estate, and currently manage over 850,000 square feet of rentable space.

Gantry is a full service mortgage banking firm with an impressive 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 $9 billion representing over 1,100 loans. 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.