Property Type Office
Financing Type Refinancing
Date August 31, 2016
The financing was placed with one of Gantry’s correspondent life insurance companies that features a long term, fixed-rate at 4.10% that fully amortizes over the life of the loan.
AUGUST 31, 2016
CAMPBELL, CA – Mitch Zeemont, Principal, and Darija Walker, Associate, of Gantry, have arranged $1,300,000 in cash-out refinancing for a single tenant office building in Campbell, CA. The financing was placed with one of Gantry’s correspondent life insurance companies that features a long term, fixed-rate at 4.10% that fully amortizes over the life of the loan. The 6,392 SF property is located in the heart of downtown Campbell, which is surrounded by a mix of residential, eclectic restaurants, nightclubs, and office 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 and Poor’s and is one of a select few non-banking/non-insurance chartered companies with this designation. In 2015, Gantry arranged more than $2.3 Billion in loans for its clients.