Gantry Reports $2.2 Billion of Commercial Mortgage Production in H1 2026

47% Year-Over-Year First Half Production Growth Highlights Active Commercial Real Estate Debt Marketplace with Range of Insurance Company, Bank, Agency, Credit Union, Conduit, and Debt Fund Financings; $23 Billion Servicing Portfolio Continues Strong Performance

SAN FRANCISCO--(BUSINESS WIRE)--Gantry, the largest independent commercial mortgage banking firm in the U.S. is reporting $2.2 billion of commercial mortgage production through H1 2006, representing a 47% year-over-year increase for the period. The debt markets remain active and accessible across the full spectrum of lenders with allocation commitments holding strong. Gantry is currently seeing no slowdown in client loan demand and anticipates that momentum continuing into Q3 2026. As importantly, Gantry’s $23 billion internally managed loan servicing portfolio continues strong performance near 100%.

“The debt markets remain accessible and active moving into the second half, with lenders across Gantry’s network of capital sources continuing to compete for allocations targeting quality assets to the benefit of borrowers,” said Gantry Principal Tim Storey. “We are closely monitoring the return of rate volatility as economic uncertainties arising from geopolitical conflict and other factors unfold but remain confident market conditions continue to support commercial real estate financing needs moving into the second half.”

Representative transactions from Gantry’s Q2 2026 production include:

Industrial: $60 Million Bridge Loan/Estate Planning Recapitalization – Dallas
Industrial: $16 Million Permanent Refinance/Multi-Tenant Small Bay - Kirkland
Multifamily: $73 Million Permanent Refinance/425- Unit Class A Garden-Style - Lenexa
Multifamily: $24 Million Bridge Loan/117-Unit Class B Acquisition – San Francisco
Retail: $38 Million Permanent Refinance/Regional Power Center – Metro Phoenix
Retail: $12 Million Permanent Refinance/Regional Power Center – Moline
Self Storage: $11.5 Million Permanent Refinance/740-Unit Climate Controlled – Long Island
Manufactured Housing: $14 Million Permanent Refinance/260-Site Community – Fresno

Production

Gantry’s production teams were responsible for securing more than $1.2 billion of commercial mortgage debt placements for clients in Q2 2026, working with 65 unique lenders from the firm’s exclusive network of insurance correspondents, banks, agencies, conduits, credit unions, and debt funds. The majority of transactions included loans for multifamily, industrial and retail properties, with office and alternative asset classes like self storage, manufactured housing and hospitality also featuring in totals. Approximately 50% of Q2 loan production was placed with Gantry’s correspondent insurance lenders who remain extremely active as a consistent resource for non-recourse permanent debt and bridge loan solutions. The firm also secured favorable loans for clients from a range of bank, agency, credit union, CMBS, and debt fund lenders, finding unique solutions for projects across asset classes and properties in various phases of their investment lifecycle.

“Gantry’s producers continue to secure optimized financing outcomes for our clients in what remains an active debt marketplace with ready options for navigating the challenges of current cycle dynamics,” said Gantry Principal Joe Monteleone. “Our access to an exclusive network of insurance correspondents has continued to result in favorable outcomes for our clients from one of the most consistent and reliable debt sources active in the markets today. The depth of competitive options currently available across the full spectrum of debt providers continues to drive our teams to engage the wider marketplace on each assignment as we tailor financing solutions that best serve desired outcomes, with banks, credit unions, the agencies, conduits and debt funds also providing attractive solutions for relevant needs.”

• Rate volatility has returned as key benchmarks respond to market forces including geopolitical conflict, rising energy costs and stubborn inflation. Evolving conditions will continue to be closely monitored for impacts to the wider debt markets.
• The market has largely adapted to the current “higher for longer” rate climate, with price discovery and sustained performance continuing to drive new acquisitions and successful refinances across asset classes and regional markets.
• Unlike previous disrupted cycles where access to debt contracted, challenges in the current marketplace are being met with active lenders deploying substantial liquidity.
• Debt service capacity continues to drive loan sizing in a cycle where traditional leverage targets no longer function in the current rate climate. Solutions are nuanced.
• Multifamily continues to enjoy a robust and competitive marketplace for new debt, with insurance companies, GSE’s, banks, and CMBS all offering relevant options.
• Industrial remains a primary target for most lenders, with multi-tenant small bay and sub-500,000-square-foot big box facilities driving current loan production.
• Retail assets in the grocery anchored, neighborhood, and power center categories continue to see competitive interest from a range of lenders offering attractive terms.
• Alternative asset classes like self storage, manufactured housing, medical office, and hospitality as well as office continue to receive interest from a range of lenders seeking yield beyond their preferred asset classes in a competitive marketplace.
• Gantry’s exclusive network of insurance company correspondents remains active in pursuit of their targeted allocations for non-recourse permanent and bridge loans with competitive terms for both stabilized assets and some still in transition.
• Regional banks are back and continue to aggressively pursue new originations from stabilized balance sheets. While mostly recourse driven with many requiring qualifying deposits, their capacity to offer prepayment flexibility, interest only terms when applicable, and highly localized expertise is a competitive distinction.
• The GSE’s (Fannie and Freddie) are working from expanded caps and compete aggressively for permanent debt on stabilized multifamily assets. They still reserve their best terms for properties that can meet their affordability criteria.
• Debt funds remain a viable option for assets still in transition or requiring creative solutions to fund repositioning, stretch acquisitions, or new construction.
• Credit Unions remain active with their real estate lending programs and continue to be a competitive option for small to mid-size loan requests requiring localized nuance or desiring prepayment flexibility.

Culture

Gantry continues to grow and develop its local operations and teams across the U.S., opening its first dedicated Texas production office in May, located in Austin and led by Director Andrew Ferguson. The firm also promoted Alicia Sabanero and Joe Foley to the role of Director with the firm’s Los Angeles production team. Foley will relocate from San Francisco and commence with studies for his master’s in real estate development at the University of Southern California. Additional talent joining Gantry during this reporting period include production Associate Jude Wallin with the firm’s Upstate New York office and Loan Administrator Andrew Boreland with the firm’s Los Angeles-based servicing team.

Servicing

Gantry’s internally managed $23 billion national loan servicing portfolio retains its long-running distinction as a Primary Servicer rated by Standard & Poor’s. The firm’s dedicated servicing professionals work closely with loan production teams across the firm’s network of local offices in support of underwriting, client experience, maturity resolutions, and correspondent relationships. The portfolio includes loans from a diverse range of lenders and correspondents across multifamily, industrial, retail, self-storage, office, medical office, hospitality, manufactured housing, and other commercial real estate asset types.

About Gantry

At Gantry, independent thinking is in our DNA. As a privately held firm, we take an intentional approach to everything we do. In an industry that is consolidating and becoming increasingly impersonal, we set a higher standard—prioritizing people over profits and challenging convention at every turn. With more than 30 years of loan-production experience and a national servicing portfolio totaling $23 billion, our correspondent-driven platform enables us to craft the best financing solutions for our clients. For those seeking a partner that delivers more, we’re proudly a little different—the right kind of different. To learn more, visit www.gantryinc.com.