Printer Friendly

Wilcox arranges $50M in deals.

G.S. Wilcox & Co., a commercial real estate mortgage banking firm, has recently arranged financing totaling $50,275,000 through multiple lender relationships.

The team included Gretchen Wilcox, Joseph Smerdon, Albert Raymond, John Taylor, David Fryer and Deborah Nexon.

Gretchen S. Wilcox, the President of G.S Wilcox & Co. and Albert Raymond, were responsible for arranging three loans totaling $37,925,000 in financing through Thrivent Financial for Lutherans.

The first loan Wilcox and Raymond were responsible for arranging was a loan for $30,225,000 for four industrial buildings which are part of Q101 G.S Wilcox's portfolio.

Financing was based on a10 year term with a 20 year amortization. The purpose of this loan was to modify the existing loan.

The second loan for $2.1 million loan was for a 48,880 s/f one and part two-story warehouse building located in Secaucus, NJ.

Financing was based on a 5 year term with a 25 year amortization. Lastly they were responsible for arranging financing for $5.6 million for a 66,026 s/f. Three-story, multi-tenant Class B office building located in Parsippany, NJ. Financing was based on a 20 year term with a 20 year amortization.

John Taylor was responsible for arranging a $1.5 million loan for three attached industrial buildings totaling 33,167 s/f located in Port Chester, New York. Financing was based on a 15 year term with a 15 year amortization. The loan was secured through StanCorp Mortgage Investors.

Deborah Nexon and John Taylor were responsible for arranging a $2 million loan for a 14,000 s/f retail building located in Oceanside, NY. Financing was based on a 10 year term with a 25 year amortization. The loan was secured through a conduit relationship.

David Fryer arranged a $8,850,000 million loan for 78,218 s/f retail/ showroom located in Evesham, New Jersey. Financing was based on a 10 year term with a 25 year amortization. Financing was secured through Genworth Financial.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:G.S. Wilcox & Co.
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2006
Words:334
Previous Article:Study shows predatory lending laws are working.
Next Article:ARCS voted No. 1 DUS lender.
Topics:


Related Articles
Wilcox puts together $60m financing in 11 transactions.
$23m financing for seven transactions.
Bank closes $43m in seven transactions.
G.S. Wilcox' six new deals.
Wilcox arranges $34m loans in three deals.
G.S. Wilcox inks $22M in deals.
G.S. Wilcox inks $104m deal.
$51m Advance deal.
G.S. Wilcox making it happen to tune of $33m.
Office/warehouse loans add up to $75m.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters