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G.S. Wilcox making it happen to tune of $33m.


G.S. Wilcox & Co. has recently arranged financing totaling $33,225,000 through multiple lender relationships. The team included Gretchen Wilcox, Joseph Smerdon, Albert Raymond, John Taylor John Taylor, or Johnny Taylor may refer to: Academic figures
  • John Taylor (1704-1766), English classical scholar
  • John Taylor (1781-1864), British publisher and Egypt scholar
  • John Taylor (Oxford), Vice-Chancellor of Oxford University 1486-1487
, David Fryer and Deborah Nexon.

Gretchen S. Wilcox, the president of G.S Wilcox & Co., and Albert Raymond, were responsible for arranging a $7,700,000 loan in Bordentown, NJ.

The 142,500 s/f industrial/flex building with 15% office finish is located in a four building park totaling 1,650,000 s/f. Financing was based on a 10 year term with a 25 year amortization. Financing was secured through Thrivent Financial for Lutherans Thrivent Financial for Lutherans (first word pronounced "THRIVE-int" — or more precisely, alluding to contractions, "thrive—n't"; IPA pronunciation: /ˈθɹaɪvɘnt/ .

John Taylor was responsible for arranging two loans totaling $21,675,000. A loan of $18,500,000 was provided for a 173,080 s/f grocery-anchored shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into  on 15.48 acres in Cape May Cape May, city (1990 pop. 4,668), Cape May co., S N.J., on Cape May peninsula and the Atlantic Ocean; settled in the 1600s, inc. 1857. One of the nation's oldest beach resorts, it became known in the mid-19th cent.  Courthouse, NJ. Financing was based on a10 year term with a 30 year amortization including five years interest-only with tax and insurance escrows and no reserves. This highly competitive loan was secured through a conduit relationship.

The second loan for $3,175,000 represented 75% loan to value for a 21,800 s/f strip retail center in Caldwell, NJ. The non-recourse financing was based on a 20 year term with a 20 year amortization with no reserves or escrows and has a 10-year optional rate reset. The purpose of this loan was to take-out the existing construction loan. Financing was secured through Genworth Financial, one of Wilcox & Co.'s 12 correspondent life insurance companies.

David Fryer was responsible for arranging a $3,850,000 loan for permanent financing Permanent financing

Long-term financing using either debt or equity.


permanent financing

The long-term financing that supports a long-term asset.
 of a 69,148 s/f office/warehouse building located in Runnemede, New Jersey Runnemede is a Borough in Camden County, New Jersey, United States. As of the United States 2000 Census, the borough population was 8,533.

Runnemede was incorporated as a borough by an Act of the New Jersey Legislature on March 23, 1926, from portions of the now-defunct
. Financing was based on a 10 year term with a 19 year amortization. Financing was secured through Thrivent Financial for Lutherans.
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Article Details
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Apr 12, 2006
Words:303
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