San Francisco, CA (December 10, 2020) – Gantry, the largest independent commercial mortgage banking firm in the U.S., secured a $10.6 million loan for Bodega Bay Lodge, a hospitality property in Bodega Bay, CA. The 83-room boutique lodge is located at 103 S. Highway 1, about an hour north of San Francisco.
Gantry’s Robert Slatt, Jeff Wilcox, and Charlie Kokernak arranged the bridge loan through a debt fund on behalf of the sponsor, Woodside Hotel Group.
The full-service, luxury hotel is situated on 4.64 acres on the Sonoma Coast overlooking the Pacific Ocean. The property includes a spa, pool, fitness room, meeting spaces, and on-site dining facilities.
• Loan Amount: $10.6 Million
• Loan Type: Bridge Refinance
• Property Type: Full-Service Non-Flagged Hospitality
Gantry is the largest independently held, full-service commercial mortgage banking firm in the United States. Established in 1991 and headquartered in San Francisco, Gantry has expanded across the country and is staffed by 90 employees in regional offices in Los Angeles, Newport Beach, Seattle, Spokane, Portland, Phoenix, Las Vegas, and Buffalo, NY. Gantry is the correspondent/servicer for a roster of the leading life insurance, CMBS and Agency lenders across the nation, placing more than $4 billion in loans per year. Gantry’s national servicing platform exceeds $16 billion, representing over 2,000 loans located in 40 states. Gantry is rated as a Primary Servicer by Standard & Poor’s and is one of a select few non-banking/non-insurance-chartered companies with this designation.