Gantry, a leading real estate finance firm, has successfully obtained $30 million in permanent loans for a portfolio located in the Oregon and Washington submarkets. The properties within the portfolio were all unencumbered and included stabilized retail, industrial, and multifamily assets.
The borrower of this loan was represented by Gantry’s Principal Andy Mekjavich, Director Ben Johnson, and Associate Abigail Hunter. These loans were secured from one of Gantry’s correspondent insurance company lenders at a fixed-rate below 6%.
Mekjavich stated that their team took on this project to generate cash out for their client who wanted to reinvest these funds strategically. Due to the diverse mix of asset types and markets involved in this portfolio, they focused on working with correspondent lenders whom they have previously worked with on similar portfolios. As part of their impressive $23 billion loan portfolio management services,Gantry will also be servicing these loans.
This successful transaction showcases Gantry’s expertise in securing financing solutions for complex portfolios across different markets.
