The owner of a well-known office building in downtown Bloomfield has refinanced for $7.2 million, in a transaction arranged by G.S. Wilcox & Co.
Aside from a handful of top players who dominate the business, there is a noticeable lack of commercial mortgage brokers and mortgage banking firms that are based here in the Garden State. How can that be, in a state that has billions of dollars in mortgages to originate and billions more to refinance?
G.S. Wilcox & Co. has secured $25.5 million in financing for a recently built, 151-unit luxury apartment complex about 20 miles west of Trenton.
G.S. Wilcox & Co. has arranged $27.2 million in financing for a three-building industrial portfolio in central New Jersey, the commercial mortgage banking firm said.
For a market that is seeing an extended growth period, it isn’t all that complicated to sum up what exactly is driving the major trends in commercial real estate lending: Fierce competition. At least, that’s according to panelists at a recent conference hosted by the Rutgers Center for Real Estate, where lenders and other experts gathered to discuss the state of commercial real estate finance in New Jersey and beyond.
The owner of three flex buildings in Monmouth County has refinanced for nearly $10 million, in a transaction arranged by G.S. Wilcox & Co.
G.S. Wilcox & Co. has arranged more than $25 million in financing for the development of a future Lowe’s Home Improvement warehouse in New York’s Westchester County.
The owner of a 322,000-square-foot industrial building in Moonachie has refinanced for $18.2 million, in one of three new transactions announced by G.S. Wilcox & Co.
Commercial mortgage banking firm G.S. Wilcox & Co. has expanded its team with an eye toward the future, touting the recent hiring of two senior associates.
G.S. Wilcox & Co. has completed $6 million in financing for a five-building industrial portfolio in Orange, working on behalf of a private equity firm that owns the properties.