Gantry secured $31 million of permanent financing: one loan is secured by the borrower’s new, four-story, Class A office building in southwest Las Vegas, while the second loan funds the acquisition of a retail center in Henderson, Nev. The borrower is Sansone Companies. The two loans were procured from one of Gantry’s correspondent life company lenders, with terms of seven years for the office building and 15 years for the retail acquisition, at 25- and 30-year amortization, respectively. Gantry will service both fixed-rate loans.
On its website, Sansone Companies describes itself as a Las Vegas full-service real estate company that specializes in development, sales and acquisitions, leasing, property management and construction management for both commercial and residential assets.
Gantry’s website says, “With over 30 years of experience of loan production and managing a $23 billion national servicing portfolio, our firm leverages a well-established correspondent-driven platform to construct the best financing solutions for our clients. “
The post Gantry Obtains Financing for Two LV Sansone Projects appeared first on Connect CRE.
​Â
