Funding Retires Acquisition Finance for Tucson’s Wilmot Place with Long-Term, Fixed Rate Loan; Non-Recourse CMBS Funding Maximizes Proceeds with Interest Only Component
Tucson, Ariz. (June 6, 2025) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured an $8 million permanent loan to retire bridge financing for the Wilmot Place retail center located at 6228-6270 E. Broadway Road in Tucson on the southwest corner of of Broadway Road and Wilmot Road. The 61,329-square-foot property is situated in a prime location on the Wilmot Corridor, a key Tucson retail zone. The center is anchored by tenants including Ross, BevMo! and Dollar Tree.
Gantry’s Tim Storey, Principal, and Chad Metzger, Senior Associate, secured the funding on behalf of the borrower, DSW Commercial. The 10-year, non-recourse, fixed-rate CMBS loan was placed with an institutional investment banking firm and features interest-only terms for the first five years.
According to Gantry’s Tim Storey, “Retail’s strong performance continues to provide multiple lender options for borrowers refinancing maturing debt at performing properties. For borrowers seeking to maximize proceeds through leverage, a CMBS execution can offer a stable, fixed-rate, non-recourse option compared to other competitive programs. We reviewed this loan for DSW across several relevant sources before identifying the best terms with one of the nation’s premier investment banking institutions. Even in a volatile rate climate, loan closing was smooth and delivered on the desired proceeds at the best available rate."
At Gantry, independent thinking isn’t just a mindset—it’s our foundation. As a privately held firm, we take a purposeful, people-first approach to everything we do. While the commercial mortgage industry grows more consolidated and impersonal, we remain committed to setting a higher standard—rejecting convention, prioritizing relationships over profits, and delivering customized solutions that work.
With more than 30 years of experience and a $23 billion national servicing portfolio, Gantry operates one of the most respected correspondent-driven platforms in the industry. Our deep expertise and independence allow us to structure financing strategies that reflect our clients’ unique needs—not someone else’s agenda.
Looking for a partner that thinks differently and delivers more? So are we. See how we’re the right kind of different at www.gantryinc.com.