GANTRY


Associated tags: Professional Services, Finance, Banking, Bank, CMBS, Commercial Building & Real Estate, Construction & Property, Real estate, Gantry, Freddie Mac, Principal, Fannie Mae

Locations: CALIFORNIA, UNITED STATES, NORTH AMERICA, NEW YORK, SAN FRANCISCO

Gantry Reports Steady Commercial Mortgage Production in Q1 2024, Anticipating Momentum for a Stronger Second Half of the Year

Retrieved on: 
Friday, April 26, 2024

Most performing assets and relevant developments are benefiting from ample liquidity, thanks to a diverse range of loan programs tailored to the current market cycle.

Key Points: 
  • Most performing assets and relevant developments are benefiting from ample liquidity, thanks to a diverse range of loan programs tailored to the current market cycle.
  • Optimism persists for potential rate relief in the second half of 2024, as market rates appear to have stabilized, encouraging market participants to adapt, adjust, and engage in transactions.
  • Fortunately, the amount of debt capital that remains in the market ready to be deployed is strong at this time.
  • Gantry's exclusive dedication to commercial mortgage banking fosters a cohesive, client-centric culture throughout the organization, extending from loan origination to servicing, and beyond maturity.

Gantry Finishes 2023 Demonstrating a Robust $18 Billion National Loan Servicing Portfolio Operating at Strong Performance

Retrieved on: 
Monday, January 22, 2024

We are extremely pleased with the continued performance of our servicing portfolio and will continue to work with borrowers closely to assist them through this difficult market.

Key Points: 
  • We are extremely pleased with the continued performance of our servicing portfolio and will continue to work with borrowers closely to assist them through this difficult market.
  • Gantry committed and closed new loans throughout 2023 due to its access to many lenders capitalizing on opportunities as the competition from banks retreated.
  • Gantry has been successful in placing clients in longer term loan structures that offer prepayment flexibility for the same reason.
  • Gantry, a primary servicer with a long-standing rating from Standard & Poor’s, ended 2023 with an impressive zero delinquencies across its $18 billion national servicing portfolio.

Gantry Reports Steady Commercial Mortgage Production Through Q3 2023 as Q4 Accelerates

Retrieved on: 
Tuesday, October 24, 2023

Gantry , the largest independent commercial mortgage banking firm in the U.S., is reporting a steady pace for new loan production through Q3 2023, although current volume remains lower year-over-year after a record 2022.

Key Points: 
  • Gantry , the largest independent commercial mortgage banking firm in the U.S., is reporting a steady pace for new loan production through Q3 2023, although current volume remains lower year-over-year after a record 2022.
  • Multifamily, retail, and mixed-use were the most represented asset classes in Q3 2023 loan production, with self-storage, industrial, office, and hospitality, following in descending order.
  • New loan production volumes have been muted throughout 2023 across the commercial real estate landscape, due to rate volatility and a higher cost of capital.
  • Kim joins Gantry from her most recent position as Creative Director, Marketing and Corporate Communications, with Bellwether Enterprise Real Estate Capital.

Gantry Continues 100% Performance of $18 Billion Loan Servicing Portfolio; Production Remains Muted Through H1 2023 as Market Resets for Sustained Higher Rates

Retrieved on: 
Friday, July 21, 2023

Gantry, the largest independent commercial mortgage banking firm in the U.S., is experiencing a year-over-year decrease in commercial mortgage production through H1 2023.

Key Points: 
  • Gantry, the largest independent commercial mortgage banking firm in the U.S., is experiencing a year-over-year decrease in commercial mortgage production through H1 2023.
  • This is supported by the 100% performance of Gantry’s $18 billion loan servicing portfolio.
  • Gantry placed loans across all the major asset classes, including office, which remains the most challenged of the property types.
  • Gantry continues to actively monitor its portfolio with significant scrutiny for any upcoming loan deterioration.

Gantry Reports Quiet Q1 2023 for Commercial Mortgage Production as Momentum Builds for More Active Q2 2023

Retrieved on: 
Wednesday, April 19, 2023

As rates have started to stabilize moving into Q2 2023, Gantry is already seeing an increase in transactional activity and advisory requests with expectation that the pace of new originations will increase moving into Q2 2023.

Key Points: 
  • As rates have started to stabilize moving into Q2 2023, Gantry is already seeing an increase in transactional activity and advisory requests with expectation that the pace of new originations will increase moving into Q2 2023.
  • “Lower Q1 2023 production is a result of higher borrowing rates combined with significantly fewer sales transactions,” said Gantry Principal Adam Parker .
  • “We are beginning to see an uptick in commercial mortgage requests as rates come in and price discovery emerges.
  • In Q1 2023, James Ruiz joined the firm as a Senior Director working from Gantry’s Irvine, Calif., production office.

Gantry Completes Nearly $5 Billion of Commercial Mortgage Production in 2022 for Its Second-Best Year on Record

Retrieved on: 
Thursday, January 19, 2023

Gantry , the largest independent commercial mortgage banking firm in the U.S., has completed $4.93 billion of commercial mortgage production in 2022.

Key Points: 
  • Gantry , the largest independent commercial mortgage banking firm in the U.S., has completed $4.93 billion of commercial mortgage production in 2022.
  • Despite macroeconomic headwinds and the subsequent volatility in financial markets, Gantry’s 2022 performance neared its record production total of $5.15 billion in 2021, with 2022 becoming the firm’s second strongest production year across three decades of continuous commercial mortgage banking operations.
  • Gantry originated 476 unique loans during 2022 consisting of every type of commercial asset class.
  • Regional banks and credit unions will continue to be an active resource for borrowers, but not as aggressively in 2022.

Gantry Reaches $3.62 Billion of Commercial Mortgage Production Through Q3 2021

Retrieved on: 
Tuesday, October 26, 2021

Gantry , the largest independent commercial mortgage banking firm in the U.S., has completed $3.62 billion of new commercial mortgage placements during the first three quarters of 2021, including $1.5 billion in Q3 2021.

Key Points: 
  • Gantry , the largest independent commercial mortgage banking firm in the U.S., has completed $3.62 billion of new commercial mortgage placements during the first three quarters of 2021, including $1.5 billion in Q3 2021.
  • Lenders are expected to remain active and competitive in the fourth quarter, with expectations that Gantry will well approach $5 billion in production by year end.
  • Production totals reflect a highly favorable lending environment for borrowers and a strong appetite from Gantrys lenders for placing favorable debt on qualified commercial real estate assets.
  • Notable trends in relevant Gantry verticals include:
    Gantry originated a total of 118 unique loans in Q3 and 359 since the beginning of the year.

Gantry Completes $2.1 Billion of Commercial Mortgages in First Half 2021

Retrieved on: 
Tuesday, July 20, 2021

Gantry, the largest independent commercial mortgage banking firm in the U.S., has completed in excess of $2.1 billion of new commercial placements during the first half of 2021.

Key Points: 
  • Gantry, the largest independent commercial mortgage banking firm in the U.S., has completed in excess of $2.1 billion of new commercial placements during the first half of 2021.
  • This total reflects a highly favorable lending environment for borrowers across the spectrum of commercial real estate asset classes.
  • This has motivated a broad spectrum of lenders to prioritize commercial mortgage allocations, said Michael Heagerty, CFO and Principal with Gantry.
  • The resulting climate has provided the vast majority of commercial real estate owners with a variety of attractive financing options to refinance or acquire properties.

Gantry Reports $1.16 Billion of Commercial Mortgage Production for Q1 2021

Retrieved on: 
Monday, April 12, 2021

b'Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $1.16 billion in new commercial mortgages across 115 unique transactions during Q1 2021.

Key Points: 
  • b'Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $1.16 billion in new commercial mortgages across 115 unique transactions during Q1 2021.
  • This represents a very strong quarter for the company in both total loan production and volume of individual loans.
  • Notable trends in relevant Gantry verticals include:\nGantry originated a total of 115 individual loans in Q1 resulting in an average loan size of over $10 million.
  • Extremely active life company lenders exceeded 75% of total loan dollars for the quarter as their loan sizes increased in 2021.

Gantry Delivers $3.0 Billion in New U.S. Commercial Mortgage Placements in 2020

Retrieved on: 
Monday, January 18, 2021

Gantry, the largest independent commercial mortgage banking firm in the U.S., today announced it has completed $3.0 billion of commercial mortgages during 2020 across a company record 411 transactions.

Key Points: 
  • Gantry, the largest independent commercial mortgage banking firm in the U.S., today announced it has completed $3.0 billion of commercial mortgages during 2020 across a company record 411 transactions.
  • Additionally, the fourth quarter of 2020 saw $1.0 billion of new loans over 124 transactions, representing the strongest production quarter in company history.
  • Gantry, a long-rated Primary Servicer by Standard & Poors, further reported that its nearly $17.0 billion portfolio of internally serviced commercial mortgage loans is performing at 99.8% of expectations.
  • Notable trends in relevant Gantry verticals include:
    Gantrys production total of $3.0 billion for 2020 represents 411 unique transactions across all property types.