**Gantry Secures $31 Million Financing for Two Sansone Projects in Las Vegas**
Gantry has successfully secured $31 million in permanent financing for two projects in the Las Vegas area. One loan supports the borrower’s newly developed, four-story, Class A office building in southwest Las Vegas, while the second funds the acquisition of a retail center in Henderson, Nevada. The borrower, Sansone Companies, obtained both loans from one of Gantry’s correspondent life company lenders.
The financing terms include a seven-year loan for the office building and a 15-year loan for the retail acquisition, with amortization schedules of 25 and 30 years, respectively. Gantry will service both fixed-rate loans.
Sansone Companies, a full-service real estate firm based in Las Vegas, specializes in development, sales and acquisitions, leasing, property management, and construction management for both commercial and residential assets.
Gantry, with over 30 years of experience in loan production and managing a $23 billion national servicing portfolio, emphasizes its well-established correspondent-driven platform to provide optimal financing solutions for clients.
