$130M Loan Given for Self-Storage Portfolio - Los Angeles Business Journal
Learn about a $130 million loan for a self-storage portfolio.
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Learn about a $130 million loan for a self-storage portfolio.
SAN FRANCISCO, CA - Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $19.09 million of bridge financing for the acquisition of the Ashton Apartment Homes located at 681 N. Saginaw Blvd in the Dallas-Fort Worth Metroplex community of Saginaw, TX. Originally built in 1984, the 152-unit complex with 14 two-story buildings on 7.6 acres recently underwent a renovation of common area amenities prior to the acquisition. Plans for interior upgrades follow the...
Learn about a $38 million loan for a retail site in Beverly Hills’ famed Rodeo Drive.
ORANGE, CA - Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $23 million in new financing for a 256-unit portfolio encompassing three apartment complexes located in Orange, Calif. The loan was originated with one of Gantry’s correspondent life company lenders and secured on behalf of a private partnership. Gantry’s Andy Bratt, principal with Gantry’s Newport Beach production office, placed the loan after a marketing process consisting of banks, life insurance companies, and the agencies in order to meet ownership’s strategy of a long-term hold...