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California  + Los Angeles  + Finance  | 

Gantry Secures CMBS Deal on DaVita Regional HQ

Gantry secured $15.3 million of permanent financing for a 51,000-square-foot, one-story, single-tenant flex-office building located at 601 Hawaii St. in El Segundo. The property is 100% occupied by healthcare provider DaVita as its regional headquarters and national training facility.

Principal Mark Ritchie, senior director Amit Tyagi and associate Alicia Sabanero with Gantry’s Los Angeles office secured the financing on behalf of the borrower, a private real estate investor. The five-year, fixed-rate loan was provided by a conduit lender and features interest-only terms for the life of the loan.

Ritchie said, “For office assets with a story to tell, be that in current or projected performance, we can typically identify several financing options that meet a client’s capital requirements. Options will include life company, bank, debt fund and credit union loan programs. However, in the case of this asset’s owner, a five-year conduit loan with a fixed interest rate fulfilled their objective to navigate current market volatility and sustain stable operations. After a comprehensive evaluation of the lending solutions, it was determined that this CMBS financing best aligned with their strategic goals.”


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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
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