**Gantry Arranges $32M in Self-Storage Financings Across California**
Gantry has arranged a total of $31.76 million in permanent loans to refinance three self-storage facilities in California since the start of 2025. The properties are separately owned and include two located in the Bay Area.
The most recent transaction closed in May, delivering $9.76 million to refinance an 829-unit facility managed by ExtraSpace in Lompoc, a city in Santa Barbara County on the Central Coast. The property, located at 224 N A Street, is fully stabilized.
In April, Gantry secured a $10 million loan for the StoreLocal Oakley facility, a 654-unit property situated at 4700 Main Street in Oakley, a suburb in eastern Contra Costa County. Earlier in February, a $12 million loan was arranged to refinance SAF Keep Oakland, a 1,124-unit facility located at 655 3rd Street in downtown Oakland.
All three facilities operate under stabilized conditions with experienced sponsorship and professional management in place.
The refinancings were arranged by Gantry Principal Tom Dao and Senior Associate Erinn Cooke on behalf of private real estate investors. The permanent, fixed-rate loans were secured from three separate lenders, including two life insurance company correspondents and an institutional balance sheet lender.
Looking ahead, Gantry Principal George Mitsanas will be featured as a panelist during the “Financing in Today’s Market” session at the 9th Annual Connect Los Angeles conference, taking place June 18 at the InterContinental Los Angeles Downtown. The event offers attendees the opportunity to gain expert insights, network with industry leaders, and engage in exclusive discussions focused on the latest trends in commercial real estate finance.
