Fryer of Q10|G.S. Wilcox & Co. orchestrates $5.75 million refinancing

Q10|G.S. Wilcox & Co., a commercial real estate mortgage banking firm, has arranged financing in the amount of $5.75 million. David Fryer, principal, arranged a loan for a 106,000 s/f office and laboratory building located at 560 Rte. 303. The property lies about a mile south of the Palisades mall off I-287. The owners of the property were refinancing CMBS debt at its maturity. The loan was placed with a regional bank and has an attractive floating rate structure, with a very low floor rate and will allow the property's owner to fix the rate at any time during the term of the mortgage. Q10|G.S. Wilcox & Co. arranges commercial real estate mortgage loans through their competitive lending relationships and has built a servicing portfolio of over $1.1 billion since their beginning in 1994. Q10|G.S. Wilcox & Co. services New Jersey and parts of New York and Pennsylvania. The Company is headquartered in Morristown, New Jersey.

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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.