Gantry Arranges $12.7 Million Refinance Loan For Industrial Asset In San Jose

The asset involved in this transaction is a 106,000-square-foot industrial building located at 2071 Ringwood Avenue in San Jose. This property was refinanced with a loan amount of $12,700,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,700,000
• Loan Type: Refinance
• Loan Terms: 10-year, non-recourse
• Market: San Jose
• Address: 2071 Ringwood Avenue
• Brokers: Murphy Osborne & Alex Poulos - Gantry

This transaction was facilitated by Gantry, which arranged a permanent loan from a correspondent life insurance company lender. The loan is secured on behalf of a private investor and will be serviced by Gantry.