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GS Wilcox & Co. arranges financing for $32m.


G.S. Wilcox & Co. has recently arranged financing totaling $32.3 million 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.

David Fryer was responsible for arranging three loans totaling $20.6 million in financing.

The first closing of $5.5 million in financing for a 23,194 s/f retail building located in New City, New York New City is a hamlet (and also a census-designated place) in Rockland County, New York, USA. The population was 34,038 at the 2000 census. The population was 33,673 in 1990. New City is the county seat of Rockland CountyGR6.  was based on a 10 year term with 2 years interest only with a 30 year amortization thereafter. Financing was secured through a conduit conduit /con·du·it/ (kon´doo-it) channel.

ileal conduit  the surgical anastomosis of the ureters to one end of a detached segment of ileum, the other end being used to form a stoma on the
 relationship.

The second loan for $5.5 million was to refinance Refinance

1. When a business or person revises their payment schedule for repaying debt.

2. Replacing an older loan with a new loan offering better terms.

Notes:
When a business refinances they typically extend the maturity date.
 an 83,000 s/f industrial building in Orangeburg, New York Orangeburgh is a hamlet (and a census-designated place) located in the Town of Orangetown in Rockland County, New York. The population was 3,388 at the 2000 census. Geography
Orangeburg is located at  (41.044796, -73.
. Financing was based on a 10 year term with 2 years interest only with a 30 year amortization thereafter. Financing was secured through a conduit relationship.

The third loan for $9.6 million for a 69,258 s/f Stop & Shop in Madison, NJ. The non-recourse financing was based on a 20 year term with a 20 year amortization. Financing was arranged for the borrower by G.S Wilcox & Co. through its correspondent relationship with ING Investment Management.

John Taylor arranged financing of $2.8 million for a 20,845 s/f one and part two-story retail/office complex in South Orange, New Jersey. Financing was based on a 20 year term with a 20 year amortization. This highly competitive loan was secured through Genworth Financial Genworth Financial is an international financial services organization that offers a portfolio of primarily consumer-focused products through its various companies, including annuities, combination products, investment services, life insurance, long term care insurance, medicare .

Gretchen S. Wilcox, the president of Q101 G.S Wilcox & Co, and Albert Raymond arranged three loans totaling $8.9 million. An acquisition loan of $4 million for an 80,000 s/f industrial building consisting of 12,000 s/f (15%) office space located in Secaucus, New Jersey
For other uses, see Secaucus (disambiguation)


Secaucus is a town in Hudson County, New Jersey, USA. As of the United States 2000 Census, the town population was 15,931.
. Financing was based on a 15 year term with a 15 year amortization secured through Summit Investment Partners.

A loan of $3.4 million was used to refinance two properties, a 48,000 s/f industrial building consisting of 9% office/showroom space located in East Brunswick, NJ and a 67,425 s/f industrial building consisting of 24% office/showroom space located in Mahwah, NJ. Financing was secured through StanCorp Mortgage Investors.
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Title Annotation:FINANCE
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jul 12, 2006
Words:363
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