JANUARY 12, 2017

CITRUS HEIGHTS, CA – Gantry has arranged acquisition financing in the amount of $5,700,000, secured by a 28,243 SF single tenant space in Citrus Heights, CA. The newly constructed space is occupied by a Smart & Final, which opened in May 2016. The property is situated among several shopping centers and suburban housing developments making it a prime location in Citrus Heights.

Mitch Zeemont, Principal, and Darija Walker, Associate, in Gantry’s San Francisco office, arranged the non-recourse, 20-year term, 20-year amortization with one of Gantry’s correspondent life insurance company relationships. Gantry will service the loan. Pricing and other terms were not disclosed.

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.