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July 2, 2020

Gantry secures $12M loan

Gantry announced that its Michael Wood and Colin Ceithaml recently secured a $12 million mortgage loan, provided by Lincoln National Life Insurance Co., for the owner of Lago de Plata, in Everett. That's a 40-acre, 273-pad, age-restricted mobile home park located near Silver Lake, just west of Interstate 5. It's owned by an investor group with offices on Mercer Island, and hasn't traded in decades.

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