Gantry arranged a 10-year, $6,300,000 loan for the Pear Tree Center, a 134,100 SF Shopping Center anchored by Ross, Big 5 and Lucky’s.

Eric Von Berg and Tom Dao, from Gantry’s San Francisco office, received an exclusive assignment to refinance a maturing CMBS loan for this property. The borrower was looking for a loan that was non-recourse, with maximum repayment flexibility and priced at a competitive rate.

According to the owner, Len Garrison,“Eric and Tom listened to our objectives and priorities and helped matched us with a lender who offered the flexibility we needed.”

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 $7.5 billion that represent 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 Eric Von Berg at (415) 956-9922 or Michael Heagerty at (415) 956-9854.