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SAN FRANCISCO, CA - Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $4.8 million of permanent financing for The Marjorie, a recently completed multifamily adaptive reuse project in downtown Spokane. The project offers 50 apartment units above 5,000 square feet of street front retail space which features the Wave Restaurant and Sushi Bar. Originally built in 1907 as the Columbia Building, the office building was renamed the James S. Black Building in the...

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...

SAN FRANCISCO, CA - Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $42.7 million of new Agency financing in two separate transactions from diverse sponsors for assets in Spokane, Wash. and Kalispell, Mont. The first transaction provided $26.25 million to refinance the Beaumont-Biltmore Apartments, a 270-unit multifamily property in Spokane’s South Hill neighborhood. Originally built in 1994, the fully stabilized garden-style apartment...

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...

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...