3650 REIT Provides $145M in Construction Financing for Two SoCal Projects – Commercial Observer
$91M in financing will develop Gillespie Field iPark industrial facility and $54M will construct The Ranch at Model Colony retail center.
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$91M in financing will develop Gillespie Field iPark industrial facility and $54M will construct The Ranch at Model Colony retail center.
LOS ANGELES, CA - Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $35 million in construction-to-permanent financing for The 1860 Apartments, an 87-unit multifamily development with 6,000 square feet of ground floor retail located in the Los Feliz submarket of Los Angeles, CA. The five-story development will be located on the southeast corner of Franklin & Western and slated to deliver in Q4 2022. Gantry’s George Mitsanas, Peter Hillakas and Andrew Curtis with the firm’s Los Angeles office identified and structured the loan on behalf of...