Wilcox arranges $50M in deals.
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.
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|Title Annotation:||G.S. Wilcox & Co.|
|Publication:||Real Estate Weekly|
|Article Type:||Brief Article|
|Date:||Mar 1, 2006|
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