California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Bay Area  + Finance  | 

Gantry Arranges Refi on Milpitas Neighborhood Retail

Gantry secured a $14.2-million permanent loan to refinance Victorian Square, a 48,000-square-foot neighborhood retail center located in the Silicon Valley community of Milpitas. The borrower was a private real estate entity.

A Gantry team of principal Andrew Mekjavich, director Ben Johnson and senior associate Erinn Cooke secured the loan on behalf of the borrower. The fixed-rate loan was provided by a regional bank and was structured to retire a debt facility that the Gantry team placed in 2018.

“We signed this loan up a few days after First Republic Bank failed,” said Mekjavich. “The market was choppy, and lender feedback reflected it. We had many quotes for this loan; however, the client followed our lead in selecting a lender with whom we’ve executed many times.”

Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.


Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
New call-to-action
New call-to-action